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RSKD Riskified News Story

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us flag iconLast trade - 00:00
TechnologyBalancedMid CapNeutral

Riskified rises after Reuters reports firm mulling sale

** Shares of fraud and risk intelligence platform Riskified RSKD.N rise 4.9% to $5.31

** Stock halted for volatility

** RSKD is exploring options including a potential sale after receiving takeover interest, Reuters reports citing people familiar with the matter

** New York-based RSKD is working with investment bank Qatalyst Partners to review approaches from interested parties

** Potential acquirers include payments firms, online shopping platforms, cybersecurity software makers and private equity firms

** RSKD has a market cap of $830.1 million as of last close - LSEG data

** As of last close, RSKD up 7% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))

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