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Why Nutanix Stock Was Surging Today


Shares of Nutanix (NASDAQ: NTNX) 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.

Image source: Getty Images.

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Source Fool.com

Nutanix Inc. Stock

€55.85
3.320%
A very strong showing by Nutanix Inc. today, with an increase of €1.80 (3.320%) compared to yesterday's price.
The stock is an absolute favorite of our community with 34 Buy predictions and no Sell predictions.
At the moment Nutanix Inc. has reached the predicted target price of 56 €, with a current price of 55.85 €.
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