Nutanix (NTNX) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Nutanix (NTNX) ended the recent trading session at $68.80, demonstrating a -1.31% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 1.12%. Meanwhile, the Dow lost 0.84%, and the Nasdaq, a tech-heavy index, lost 1.9%. Coming into today, shares of the enterprise cloud platform services provider had lost 2.02% in the past month. In that same time, the Computer and Technology sector gained 3.58%, while the S&P 500 gained 1.26%. Market participants wil ...