Why Nutanix (NTNX) Outpaced the Stock Market Today

Nutanix (NTNX) closed at $73.76 in the latest trading session, marking a +2.29% move from the prior day. This change outpaced the S&P 500's 1.47% gain on the day. At the same time, the Dow added 1.34%, and the tech-heavy Nasdaq gained 1.95%. Shares of the enterprise cloud platform services provider have depreciated by 6.11% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.41%, and the S&P 500's gain of 0.64%.The upcoming earnings release of Nutanix will be of ...