Why Pure Storage Stock Is Skyrocketing Today

Pure Storage's recent quarterly report arrived with plenty for investors to be excited about.Pure Storage (PSTG 24.50%) stock is making big gains in Wednesday's trading. The company's share price was up 23.9% as of 10:30 a.m. ET.Pure Storage published its third-quarter earnings results after the market closed yesterday and posted sales and earnings that beat the market's expectations. In addition to top- and bottom-line beats in Q3, the company also issued encouraging forward guidance and detailed contract ...