Why Nutanix Stock Jumped 29% Last Month

Shares of Nutanix (NASDAQ: NTNX) surged last month after the cloud-based hyperconverged infrastructure specialist posted better-than-expected results in its fourth quarter earnings report and announced an investment from Bain Capital. According to data from S&P Global Market Intelligence, the stock finished the month up 29%.

As you can see from the chart below, all of those gains came from the post-earnings surge.

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Source Fool.com