Pure Storage (PSTG) Surges 76.1% YTD: Will the Rally Last?
PSTGPure Storage(PSTG) ZACKS·2024-06-25 23:35

Pure Storage, Inc’s (PSTG) shares have been performing well on the trading front, with a gain of 76.1% year to date compared with 14.6% growth of the S&P 500 composite. Solid financial performance is driving a good run on the trading front. The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters with an average surprise of 24.99%. The stock is still down 10.8% from its 52-week high level of $70.41. Headquartered in Mountain View, CA, Pure Storage provides software ...