NasdaqGS:NTNXSoftware
Nutanix Probes Put Revenue Shift Guidance Cut And Valuation In Focus
Several law firms have announced investigations into Nutanix (NasdaqGS:NTNX) over potential securities law violations.
The probes follow Nutanix's recent disclosure of a revenue shift and a downward revision to its full year revenue guidance.
These developments come as Nutanix shares trade at $41.24, with recent returns under pressure.
Nutanix, trading under NasdaqGS:NTNX, is back in focus after its updated revenue outlook and guidance cut triggered legal scrutiny from multiple firms. The...