Stumbling Unicorns: BigPanda, Qumulo fall below $1B valuations
Two index components, BigPanda and Qumulo, have lowered their internal valuations below $1 billion in recent weeks, as disclosed by Employee Plan Exemption Notices (EPENs) filed with California. BigPanda, an AI-driven IT incident management platform, filed an EPEN effective August 7, 2024, which disclosed a common share price of $0.57, lower than its share price […]