Maxim Group Starts Nutanix (NTNX) at Buy
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Nutanix (NTNX) Adds to Friday's IPO Gains
October 3, 2016 9:12 AM EDTAfter gaining 131% on its debut Friday, the IPO for Nutanix (NASDAQ: NTNX) is up another 2.4% in pre-open trade Monday.
Shares are currently trading at $37.82 after pricing at $16.
... MoreData storage provider Nutanix soars in market debut
September 30, 2016 11:21 AM EDTBy Sruthi Shankar and Heather Somerville
(Reuters) - Shares of Nutanix Inc (NASDAQ: NTNX), an unprofitable but growing provider of enterprise data storage, soared more than 130 percent in their market debut Friday, highlighting demand for tech offerings in what has been a generally quiet year for IPOs.
Nutanix's stock opened the day at $26.50, valuing the San Jose, California-based company at $3.6 billion, a leap above the $2 billion valuation it received in its last private funding round in 2014.
At the closing bell, shares were priced at $37, a 131 percent pop from the IPO price of $16.
... MoreNutanix (NTNX) IPO Opens Up 66%
September 30, 2016 11:09 AM EDTToday's IPO for Nutanix (Nasdaq: NTNX) opened for trading at $26.50 after pricing its upsized initial public offering of 14,870,000 shares of Class A common stock at a price of $16 per share, above the expected $13 to $15 per share range.
Goldman, Sachs & Co. and Morgan... More
Nutanix (NTNX) IPO Remains in Pre-Launch Status at NASDAQ; Shares Indicated Sharply Higher
September 30, 2016 10:41 AM EDTToday's IPO for Nutanix (NASDAQ: NTNX) remains in Pre-Launch status at NASDAQ. Shares are expected to open sharply higher.
... MoreNutanix (NTNX) Prices 14.87M Common Stock IPO at $16/Share, Above Expected Range
September 30, 2016 6:18 AM EDTNutanix (Nasdaq: NTNX) announced the pricing of its upsized initial public offering of 14,870,000 shares of Class A common stock at a price of $16.00 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on September 30, 2016 under the symbol NTNX. All of the shares are being offered by Nutanix.... More
