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.

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Source Fool.com