Nutanix stock is one of the hottest stock being talk about by many investors. But how Nutanix is very different from its competitors? Who are Nutanix competitors anyway?
Nutanix Products and Services. It is recommended that when you buy stocks, you should know the company’s products and services and determine if it create value to every people’s lives.
“Nutanix, Inc. is a cloud computing company that sells hyper-converged infrastructure software, cloud services, and software-defined storage.” Nutanix. Inc. was founded on September 2009 in Delaware, United States and its headquarters are located in San Jose, California, United States.
Nutanix Stock NTNX Historical Price
If you have 10,000 NTNX Shares today that have bought 10 years ago? What is its value? On Sep 01, 2016, stock open price is 26.50 and it went up to 56.18 per share on Sep 01, 2018..
On April 2020, NTNX stock price went down to 15.21 and recover on June 01, 2020 which is 23.80 per share.According to this simple data, the stock price (any company’s stock price) will go up and down due to various reasons.
And we should focus not only on the price, but the value of the company it can provide so that you will be comfortable in holding the stock in a very long period of time. I think value investing always wins.