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Pre-IPO Cohesity +11% Cohesity’s stock price, the underlying | UT Token

Pre-IPO Cohesity +11%

Cohesity’s stock price, the underlying asset for the futures, which is traded on the UTEX trading exchange, is now $30, up 11% in the over-the-counter market.

Cohesity consolidates backups, archives, file shares, object stores, dev/test and analytics - on one web-scale platform.

Cohesity's share price growth is due to a 90% increase in its revenue in Q1 2021 as compared to the same period in 2020. Its customer base increased by 50%. In mid-March Cohesity announced that its DataProtect backup as a service platform would become available in Australia and New Zealand.

You can fix your profit or buy Cohesity pre-IPO futures through UTEX.

Read how pre-IPO futures work and what their advantages are.