NASDAQ:RPD

Rapid7 Slides After Hours on Guidance Figure
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Rapid7 Slides After Hours on Guidance Figure

Rapid7 shares fell 1.1% to $7.19 Tuesday, missing a tech rally as the company lowered its 2026 outlook and analysts cut price targets. Market cap stood near $483 million. Management expects Q2 ARR of about $820 million, down 2% from last year, and full-year revenue to fall 2–3%. Rapid7 will present at William Blair’s growth stock conference on June 2.
May 26, 2026

Stock Market Today

  • Endeavour Group announces $300 million cost savings and strategic refresh to boost growth
    May 26, 2026, 7:36 PM EDT. Endeavour Group (ASX: EDV) revealed a strategy update targeting $300 million in cost savings by FY29, including $100 million by FY27. The company plans to accelerate investments in its Hotels network and reset retail brands Dan Murphy's and BWS to enhance customer focus and price leadership. Management aims to divest non-core assets and revise the dividend payout ratio to 50-75% of underlying NPAT. This strategy follows a review led by CEO Jayne Hrdlicka emphasizing multi-brand retail reset, hotel growth, and operational simplification. Shares have declined 24% over 12 months, underperforming the ASX 200 index, which rose 3%. The update signals higher near-term capital expenditure balanced by portfolio management and divestitures.