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Why Pure Storage Stock Took a Dirty Dive Today
The Motley Fool· 2025-12-03 17:22
Pure Storage beat earnings estimates but still crashed 26%. Here's why good news turned into a stock market rout.Shares of Pure Storage (PSTG 27.52%) crashed hard on Wednesday morning. At 11:30 a.m. ET, the stock was down 26% from Tuesday's closing price. The culprit? A strong earnings report with a side of fairly modest next-quarter guidance.NYSE : PSTGPure StorageToday's Change( -27.52 %) $ -26.07Current Price$ 68.65Key Data PointsMarket Cap$31BDay's Range$ 68.61 - $ 79.0352wk Range$ 34.51 - $ 100.59Volum ...