Commvault Systems, Inc. shares rise 3.38% intraday after unveiling new HyperScale solutions.

Commvault Systems, Inc. rose 3.38% in intraday trading, with the company unveiling new HyperScale solutions, including HyperScale Edge and HyperScale Flex, which are designed to protect data from remote offices and edge locations. These new solutions are part of Commvault's broader strategy to enhance cyber resilience and data protection in the hybrid cloud, addressing the growing threat of cyberattacks on edge devices and VPNs.