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Zscaler Priced, Nasdaq: ZS

Provides a cloud-based network security service for enterprises.

Industry: Technology

First Day Return: +106.3%

We pioneered a new approach to security that connects the right user to the right application, regardless of network. Our cloud platform, which delivers security as a service, eliminates the need for traditional on-premises security appliances that are difficult to maintain and require compromises between security, cost and user experience. Our cloud platform incorporates the security functionality needed to enable users to safely utilize authorized applications and services based on an organization's policies. Our solution is a purpose-built, multi-tenant, distributed cloud security platform that secures access for users and devices to applications and services, regardless of location. Our multi-tenant architecture is distributed across more than 100 data centers globally, which allows us to secure users across 185 countries. We have over 2,800 customers across all major geographies.

Zscaler (ZS) Performance

Created with Highcharts 10.3.2Chart context menuZS vs. IPO Index (IPOUSA)Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 20250%+ 100%+ 200%-100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index