Rapid7 up after Reuters reports on buyout interest

Rapid7

28/10/2024 19:45

** Cybersecurity firm Rapid7's  RPD.O  shares up 7.3% at
$41.7
    ** Reuters exclusively reports that RPD is exploring options
with its investment bankers after attracting acquisition
interest from buyout firms
    ** RPD is in early talks with private-equity firms,
including Advent, Bain Capital and EQT and is exploring a
potential sale 
    ** Discussions may not lead to a deal and Rapid7 could opt
to stay independent
    ** Stock has fallen 31.7% YTD

 (Reporting by Juby Babu in Mexico City)
 ((Juby.Babu@thomsonreuters.com;))