Friday, September 30, 2016

Nutanix Soars 130% in IPO - Nasdaq NTNX

Shares in Nutanix (NTNX) soared during an initial public offering (IPO) on Friday, ending the day up 130% over its initial price.

The company offered 14,870,000 shares of Class A common stock at a price of $16.00 per share.

Nutanix S1 Filing: Quarterly Revenue at $139.8 million

For its most recently fiscal quarter ended 31-July-2016, Nutanix recorded revenue of $139.8 million, according to a recently updated Form S-1 registration statement filed with the SEC ahead of a potential initial public offering (IPO). Nutanix provides a next-generation enterprise cloud platform that "converges traditional silos of server, virtualization and storage into one integrated solution and can also connect to public cloud services." Some...

nverged platform for scale-out applic