NEW YORK, Jan 10, 2026, 18:42 EST — Market closed.
- Rubrik shares closed Friday 1.6% lower at $70.56, following a steep 6.8% fall on Thursday.
- An SEC filing revealed that CFO Kiran Kumar Choudary offloaded 3,500 shares this week, following a pre-set trading plan.
- Upcoming triggers: Tuesday’s U.S. CPI report and Rubrik’s earnings scheduled for March.
Rubrik, Inc. shares dropped again Friday, ending down 1.55% at $70.56. The stock had already slipped 6.76% on Thursday, leaving it under pressure heading into the weekend.
The underperformance was notable as Wall Street’s leading indexes hit new highs, buoyed by a robust U.S. jobs report that drew funds back into stocks.
This matters more than ever as the calendar turns grim for software stocks sensitive to interest rates. With markets closed until Monday, traders have limited options to manage risk ahead of crucial data likely to swing bond yields sharply.
A Form 4 filing with the U.S. Securities and Exchange Commission revealed that Rubrik CFO Kiran Kumar Choudary sold 3,500 Class A shares on Jan. 7, with prices averaging between $75.49 and $77.50. According to the filing, the sales were conducted under a Rule 10b5-1 trading plan put in place in January 2025. After these transactions, Choudary still held 504,959 shares.
Chart watchers note Rubrik’s stock has fallen beneath key moving averages, with the 50-day sitting near $75.20 and the 200-day around $81.51. These marks often serve as resistance on any rebound attempt.
Form 4 reports must disclose insider trades. A 10b5-1 plan, meanwhile, sets a predetermined trading schedule to disconnect selling decisions from daily market fluctuations.
Rubrik offers data protection and cyber recovery software designed to help businesses secure and recover data following attacks. The company’s latest quarterly report showed subscription annual recurring revenue (ARR)—a key metric for contracted subscription income—jumped 34% to $1.35 billion. Revenue also surged 48%, reaching $350.2 million.
Rubrik’s fiscal year wraps up on Jan. 31, so the current quarter is just weeks from closing. All eyes remain on whether the company can keep growing while trimming its losses.
Rubrik hasn’t officially announced its next earnings date yet. MarketBeat, however, estimates the report will drop after the market closes on March 12, following the company’s usual timing.
U.S. markets, however, will be focused on the upcoming inflation data. The Bureau of Labor Statistics is set to release December 2025 CPI figures on Jan. 13 at 8:30 a.m. Eastern.
If inflation heats up beyond forecasts, Treasury yields might spike, putting pressure on high-growth tech stocks—even without new corporate updates. The tech-heavy Nasdaq has already demonstrated how fast sentiment can shift when investors adjust their rate expectations.
U.S. trading kicks off Monday, with Rubrik investors focused on whether the stock can stay above $70 ahead of Tuesday’s CPI report on Jan. 13.
