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Why Nutanix Stock Was Surging Today

TheMotleyFool

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Why Nutanix Stock Was Surging Today: https://g.foolcdn.com/editorial/images/789046/globe-cloud-software-network.jpg

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.

Source Fool.com

Nutanix Inc. Stock

Nutanix Inc. shows a slight decrease today, losing -€0.360 (-0.630%) compared to yesterday.
The stock is an absolute favorite of our community with 49 Buy predictions and no Sell predictions.
As a result the target price of 67 € shows a slightly positive potential of 17.26% compared to the current price of 57.14 € for Nutanix Inc..

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