Nutanix’s stock tumbles after disappointing guidance, while Pure Storage soars on optimistic forecast – SiliconANGLE

Nutanix’s stock tumbles after disappointing guidance, while Pure Storage soars on optimistic forecast – SiliconANGLE

Data center infrastructure providers Nutanix Inc. and Pure Storage Inc. are experiencing contrasting fates as they offer different outlooks for the current quarter. Nutanix’s shares dropped over 16% after-hours due to guidance below Wall Street’s expectations, while Pure saw a more than 9% increase in shares after surpassing forecasts. Nutanix reported mixed results for the … Read more