PSTG Stock Recent News
PSTG LATEST HEADLINES
In the latest trading session, Pure Storage (PSTG) closed at $53.42, marking a +1.58% move from the previous day.
The soaring need for more data and data science is one of life's great certainties.
Shares of Pure Storage Inc (PSTG, Financial) surged 3.08% in mid-day trading on Oct 2. The stock reached an intraday high of $50.60, before settling at $50.27, up from its previous close of $48.77.
PSTG gains from strong sales momentum amid soft macroeconomic conditions. However, the lowered TCV sales outlook warrants caution.
PALO ALTO, Calif.--(BUSINESS WIRE)--Data is the new currency in today's digital economy. However, organizations face unprecedented challenges with exponential data growth, including performance bottlenecks, a lack of practical data visibility, and increasing cyber threats. Today, Rubrik, Inc. (NYSE: RBRK), the Zero Trust Data Security™ company, and Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, are partnering in bringing.
Pure Storage remains a buy for long-term growth investors due to its leadership in flash memory storage. Despite a 23% stock drop since July, the company's fundamentals are strong, with significant growth in subscription revenue and a solid financial condition. Pure Fusion, its autonomous storage delivery platform, offers advanced AI and cloud-like features, giving it a potential edge over competitors like Dell and HPE.
Pure Storage (PSTG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Additional industry first innovations in the Pure Storage platform provide financial flexibility through Universal Credits and a new VM assessment to optimize VMware resources SANTA CLARA, Calif. and LONDON , Sept.
Three AI-backed computer storage device stocks in focus are: SMCI, WDC, PSTG.
Pure Storage Inc (NYSE:PSTG) stock is moving sharply lower today, despite the data storage name reporting generally upbeat second-quarter results, including better-than-anticipated earnings and revenue.