Rubrik's stock surged 25% on better earnings report
Rubrik's stock surged 25% after it reported better-than-expected fourth-quarter results, with a loss of 18 cents per share and $258 million in revenue. Analysts had predicted a larger loss and lower revenue. Ulta Beauty shares rose 12.3% following its fourth-quarter earnings of $8.46 per share, exceeding expectations. However, the company provided disappointing guidance for the upcoming year. DocuSign's stock jumped 18% after it reported strong earnings, aided by its AI-enabled content. Other notable gains included Semtech up 18.5%, Crown Castle up 10.4%, and Peloton up 12% after upgrades from analysts.