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NASDAQ:CVLT 28 January 2026

Commvault stock steadies premarket after 31% wipeout on ARR worries

Commvault stock steadies premarket after 31% wipeout on ARR worries

Commvault Systems shares rose 0.7% to $89.74 in early trading Wednesday, rebounding after a 31% plunge Tuesday following weaker net new annualized recurring revenue of $39 million. Analysts cut price targets as attention turned to whether ARR can recover in the March quarter. The company reported a 19% revenue jump to $314 million and raised its fiscal 2026 outlook. Commvault also expanded its partnership with Google Cloud this week.
28 January 2026
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Stock Market Today

  • Massive AI Startup Delays IPO Amid Market Uncertainty
    June 5, 2026, 7:44 PM EDT. A major AI data platform startup is postponing its public offering, citing challenging market conditions as the primary reason. The CEO acknowledges that while going public is inevitable, the company will wait for a more favorable environment. This cautious stance contrasts with the recent surge in IPOs despite volatile markets. The decision highlights growing skepticism about timing among tech firms in a sector marked by rapid innovation but fluctuating investor appetite.

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