NTNX Nutanix, Inc. Class A Common Stock

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11:59
Feb 26
Vonnie Quinn Anchor, Bloomberg Bloomberg Markets
Nutanix shares jumped ~22% in pre-market trading. The company announced a partnership deal with AMD, where AMD will pay $115M-$150M (cash/stock) to tie into Nutanix's infrastructure. Immediate catalyst driven by a strategic partnership with a major semi-conductor player. Deal execution risks or broader software sector sell-offs dragging it down.
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About NTNX Analyst Coverage

Buzzberg tracks NTNX (Nutanix, Inc. Class A Common Stock) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked.