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    NTNX   US67059N1081

NUTANIX, INC.

(NTNX)
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SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Re-Opening of the Lead Plaintiff Process in Class Action Lawsuit Against Nutanix, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

03/05/2021 | 09:21am EDT

The Schall Law Firm, a national shareholder rights litigation firm, announces the re-opening of the lead plaintiff process in the class action lawsuit against Nutanix, Inc. (“Nutanix” or “the Company”) (NASDAQ: NTNX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between March 1, 2018 and May 30, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before March 22, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Nutanix misled investors about the health of its sales pipeline, customer base, and sales productivity. The truth of the poor state of the Company’s sales prospects was partially revealed over the course of time, causing shares to tumble. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Nutanix, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.


ę Business Wire 2021
All news about NUTANIX, INC.
09/23NUTANIX : ANDU.S. BANK NATIONAL ASSOCIATION,as TrusteeINDENTUREDated as of September 22, 2..
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09/23NUTANIX, INC. : Entry into a Material Definitive Agreement, Creation of a Direct Financial..
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09/21NUTANIX : Management's Discussion and Analysis of Financial Condition and Results of Opera..
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09/21NUTANIX : Cloud Platform to Deliver Strengthened Data Services for Unstructured and Struct..
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09/21NUTANIX : and Citrix« Team to Power Future of Work
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09/21NUTANIX : Cloud Platform Breaks Down Silos in Hybrid Multicloud Operations
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09/21Nutanix, Inc. Cloud Platform to Deliver Strengthened Data Services for Unstructured and..
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09/21Nutanix Announces New Features in the Nutanix« Cloud Platform
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09/16NUTANIX : Appoints Adam Tarbox as Vice President of EMEA Channel Sales; Hybrid Multicloud ..
AQ
09/16NUTANIX : Announces Private Convertible Exchange and Subscription Transactions of $575 Mil..
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More news
Analyst Recommendations on NUTANIX, INC.
More recommendations
Financials (USD)
Sales 2022 1 601 M - -
Net income 2022 -706 M - -
Net cash 2022 98,5 M - -
P/E ratio 2022 -12,1x
Yield 2022 -
Capitalization 8 584 M 8 584 M -
EV / Sales 2022 5,30x
EV / Sales 2023 4,43x
Nbr of Employees 6 080
Free-Float 96,1%
Chart NUTANIX, INC.
Duration : Period :
Nutanix, Inc. Technical Analysis Chart | NTNX | US67059N1081 | MarketScreener
Technical analysis trends NUTANIX, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 40,07 $
Average target price 49,67 $
Spread / Average Target 23,9%
EPS Revisions
Managers and Directors
Rajiv Ramaswami President, Chief Executive Officer & Director
Duston M. Williams Chief Financial Officer
Virginia Gambale Chairman
Rajiv Mirani Chief Technology Officer
Wendy M. Pfeiffer Chief Information Officer
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