Why Commvault Stock Crashed Today
Data security company Commvault Systems (NASDAQ: CVLT) reported Q1 2027 results early Tuesday morning, and the numbers looked good at first glance. Commvault beat the Street's estimates across the board. Free cash flow jumped 71% year-over-year. But the stock still dipped as much as 20.7% in the morning session and was still down 15.7% at 1:50 p.m. ET.
And that move makes sense, too.
Commvault ripped into this report on a full head of steam. The stock gained 91.9% from the end of March to Monday's closing bell.
Source Fool.com
