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Why Rubrik Stock Was In Free Fall Today

TheMotleyFool

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Why Rubrik Stock Was In Free Fall Today: https://g.foolcdn.com/editorial/images/864675/frustrated-investors-works-on-a-laptop.jpg

Markets inched higher today with the S 500 and Dow Jones Industrial Average both up more than 0.50%. Shares of cybersecurity specialist Rubrik (NYSE: RBRK), however, headed in the other direction. With a company insider trimming his Rubrik position, investors speculated that the stock would head further south in the near future.

Rubrik shares today closed 10.6% lower from yesterday's closing price of $51.63

Image source: Getty Images.

Source Fool.com