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Why Nutanix Stock Jumped Today


Shares of Nutanix (NASDAQ: NTNX) were climbing today after the tech publication The Information named the hyperconvergence infrastructure specialist as a potential acquisition target and cited Alphabet as a possible buyer, among others.

As a result, Nutanix shares were up 12.5% as of 12:59 p.m. EDT.

Image source: Getty Images.

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Source Fool.com

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