IPO Roundup: Viking Holdings, RanMarine Technology, and more

The IPO market is showing resilience amid an uncertain interest rate cut scenario. The impact on IPOs is still unclear, but with reduced expectations for rate relief from the Fed, companies intending to go public are maintaining their course of action. Rubrik (NYSE:RBRK), an enterprise data management and security platform, is a prime example, pricing its IPO higher than anticipated at $32 and opening at $38.60. Despite a recent 3.8% decline, the company ended its first week up 19%, currently trading at $38. Notably, the broader IPO market performance, as reflected by the Renaissance IPO ETF (NYSEARCA:IPO) -3.69%, is lagging…