Companies

Nutanix Stock Soars Over 130% in IPO Debut

On September 30, Nutanix visited the Nasdaq MarketSite in Times Square to celebrate their initial public offering (IPO) on Nasdaq.

Nasdaq welcomes Nutanix to our community of industry innovators. The San Jose, California-based data storage company supplies technologies and delivers solutions that power demanding workloads of the world’s most advanced enterprise datacenters while reducing cost. Nutanix was named one of the most innovative private companies in 2015 as a CNBC Disruptor 50.

The company had a successful public debut on September 30, a signal of continued success as a next-generation enterprise cloud platform company. Nutanix closed their first day of trading at $37, up 131% from the $16 share price.

By going public, Nutanix may test the market for other billion-dollar start-ups looking to list on an exchange. Nutanix joined the 94% of all venture-backed IPOs listed on Nasdaq in the third quarter of 2016.

>> Watch CNBC’s interview with Dheeraj Pandey, Nutanix Founder and CEO for more on the company’s first day of trading.



Watch the recording here >

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Watch the recording here >

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