NYSE:PSTGTech
Inflation Surprise Lifts Pure Storage (PSTG) Shares A Fresh Look At Whether The Stock Still Appears Undervalued
Inflation Surprise Lifts Pure Storage Shares
Pure Storage (PSTG) moved higher after a softer than expected Consumer Price Index report, as moderating inflation raised investor expectations for potential Federal Reserve interest rate cuts that can sometimes support growth focused technology names.
See our latest analysis for Pure Storage.
That inflation driven move slots into a mixed recent pattern, with a 1 day share price return of 4.29% and 7 day share price return of 4.03% sitting against...