Pure Storage Stock Jumps After Results While Data Storage Rival NetApp Falls

Published 2 months ago Neutral
Pure Storage Stock Jumps After Results While Data Storage Rival NetApp Falls
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Rival enterprise data storage firms NetApp and Pure Storage reported quarterly earnings late Wednesday. Both companies posted results ahead of expectations but Pure Storage stock jumped while NetApp stock fell in late trading. Pure Storage said it earned an adjusted 43 cents per share on sales of $861 million for its fiscal second quarter, which ended Aug. 3.

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