Rapid7 is trading 6.05% down at $16.61 on October 29 after a premarket decline amid broad software-sector weakness; its company-specific catalyst is unclear.
- Reuters reported software shares fell after disappointing results from Fortinet and ServiceNow, while concerns about AI disruption weighed on the sector.
- Rapid7’s third-quarter results are scheduled for November 4; today’s move is not explained by a reported earnings release.