Why Rubrik Stock Surged Today

The cybersecurity leader is helping to defend against rogue AI agents.Shares of Rubrik (RBRK +22.63%) rocketed 22% higher on Friday after the data security specialist delivered impressive growth metrics. Business is boomingRubrik's revenue rose 48% year over year to 350millioninthethirdquarter.Thecompanyssubscriptionannualrecurringrevenue(ARR)leaped34350 million in the third quarter. The company's subscription annual recurring revenue (ARR) leaped 34% to 1.35 billion, as the number of customers with ARR of $100,000 or more increased 27%.The cybersecurity provider is benefiting from the tr ...