Why Nutanix Stock Soared 27.8% in November
Shares of Nutanix (NASDAQ: NTNX) jumped 27.8% in November, according to data from S&P Global Market Intelligence, rallying both before and after its latest strong quarterly report.
That's not to say last month's gains came in a straight upward line; Nutanix shares initially fell nearly 10% through the first half of November, only to pop more than 10% on Nov. 15 despite a relative lack of company-specific news to support the move.
IMAGE SOURCE: GETTY IMAGES.
Source Fool.com
