Why Nutanix Stock Is Trading Higher Monday

Group 1 - Nutanix Inc (NTNX) shares are trading higher following the announcement that it will be added to the S&P MidCap 400 index, effective prior to the market opening on September 22 [1][2] - The inclusion in the S&P MidCap 400 is a significant milestone for Nutanix, as it typically leads to increased demand from index funds and institutional investors [2] - Nutanix will replace Acadia Healthcare Company Inc (ACHC) in the index [2] Group 2 - Nutanix shares have increased by 7.24% to $74.98, with a 52-week high of $83.36 and a low of $54.66 [4] - According to Benzinga Edge rankings, Nutanix has a Growth score of 57.77 but a low Value score of 8.29 [3]