Why Is Nutanix (NTNX) Down 6% Since Last Earnings Report?

It has been about a month since the last earnings report for Nutanix (NTNX) . Shares have lost about 6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Nutanix due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It turns out, f ...