Israeli security analytics software firm Cognyte will be opening trading on the Nasdaq Stock Market by ringing the opening bell on Tuesday, the day it begins trading after going public under the symbol "CGNT."
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Cognyte has completed its spin-off from Verint Systems and is now an independent public company.
CEO Elad Sharon said that going public marked "the beginning of a new chapter for Cognyte."
"We have a proven track record for more than two decades of helping our customers in more than 100 countries solve complex security challenges with cutting-edge analytics. We are passionate about security analytics and equipping our customers with innovative analytics solutions. I am incredibly proud of our talented team of more than 2,000 people around the world who embody our mission to help security organizations make the world a safer place," Sharon said.