Why Commvault Systems (CVLT) Outpaced the Stock Market Today

Commvault Systems (CVLT) closed at $150.70 in the latest trading session, marking a +0.61% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.01%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.08%. Coming into today, shares of the data-management software company had gained 0.44% in the past month. In that same time, the Computer and Technology sector gained 1.03%, while the S&P 500 gained 1.21%. The investment community will be paying close attention to the ear ...