Nutanix’s Stock Plummets 11% after Issuing Weaker Guidance, Reports MarketWatch
Nutanix, a leading cloud software and hyperconverged infrastructure provider, recently announced weaker than expected guidance for the upcoming quarter. This news caused the company’s stock to drop by 11%. Investors expressed concerns about Nutanix’s ability to meet revenue expectations in the face of increasing competition in the cloud computing industry. The company has been facing … Read more