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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

€31.24
-1.890%
A loss of -1.890% shows a downward development for Nutanix Inc..
The stock is an absolute favorite of our community with 32 Buy predictions and no Sell predictions.
Based on the current price of 31.24 € the target price of 64 € shows a potential of 104.87% for Nutanix Inc. which would more than double the current price.
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