Why Nutanix Stock Was Surging Today
Nutanix(NTNX) The Motley Fool·2024-08-30 01:56
Shares of the hybrid cloud specialist jumped on a strong earnings report.Shares of Nutanix (NTNX 19.75%) were moving higher today after the hyper-converged infrastructure specialist (HCI) posted better-than-expected results in its fiscal fourth-quarter earnings report.Investors responded positively to the news, sending the stock up 20.4% as of 12:53 p.m. ET. Nutanix bounces backFollowing a disappointing earnings report in the fiscal third quarter, Nutanix bounced back after reassuring investors that custome ...