By Jabin Bastian
Publication Date: 2026-04-17 05:38:00
Shares of hybrid multi-cloud computing company Nutanix (NASDAQ:NTNX) rose 3.2% in afternoon trading after the company highlighted major new partnerships at its .Next 2026 conference and appeared well positioned to benefit from customer migrations away from competitor VMware.
At the event, Nutanix showcased a significant expansion of its ecosystem, announcing new and expanded partnerships with key technology players. The company named Dell Technologies its 2026 Global OEM Partner of the Year and revealed an exciting three-way partnership with Microsoft and Nerdio in the end-user computing sector.
After the initial pop, shares cooled to $39.51, up 3.3% from the previous close.
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Nutanix stock is very volatile and has had 22 moves greater than 5% over the last year. In that context, today’s movement indicates that the market considers this news significant but not something…
