Varonis Systems, DoubleVerify, Pegasystems, and Intuit Rally on Geopolitical Calm - VRSN, DV, PEGA, INTU

Shares of Varonis Systems, DoubleVerify, Pegasystems, and Intuit surged in afternoon trading on January 22, 2026, following reports of eased geopolitical tensions in Greenland, which boosted investor sentiment and triggered a broad risk-on rally. The S&P 500 and Nasdaq Composite rose sharply, with the Dow Jones Industrial Average gaining 500 points, as investors rotated into technology stocks amid reduced market uncertainty. Varonis Systems (VRSN) climbed 7.4% since the start of 2026, despite trading 45.6% below its 52-week high of $63.31 set in October 2025. The stock reached $34.41, reflecting continued investor interest in its SaaS transition, where software-as-a-service now accounts for 76% of annual recurring revenue (ARR), up 18% year-over-year. Cantor Fitzgerald recently maintained an Overweight rating, citing growth potential despite lowering its price target to $50 from $60. Other tech names including DoubleVerify (DV), Pegasystems (PEGA), and Intuit (INTU) also advanced, supported by broader sector momentum and improved macro outlook.