IPO Stock Of The Week: Rubrik Flirts With Buy Point Amid Path To Profitability

Recent initial public offering Rubrik (RBRK) is the IPO Stock Of The Week following this past week's breakout move. Rubrik stock also sits on Investor's Business Daily's IPO Leaders screen. Rubrik sells a cloud computing-based data backup and recovery platform aimed at protecting companies from ransomware attacks. About 85% of Rubrik's revenue comes from subscription software sales. In early June,…