Shares in San Jose, California headquartered Nutanix Inc. ended Thursday's session at $27.43, which was a drop of 4.62%. The stock recorded a trading volume of 2.68 million shares. Shares of the Company, which together with its subsidiaries, provides enterprise cloud platform solutions that converge traditional silos of server, virtualization, and storage into one integrated solution, are trading 17.86% below their 50-day moving average.
On October 25th, 2016, research firm Stifel initiated a 'Hold' rating on the Company's stock, issuing a target price of $35 per share.
On October 26th, 2016, Nutanix announced that Cardinal Innovations Healthcare has standardized its infrastructure on the Nutanix enterprise cloud platform and has already eliminated $60,000 in VMware licensing fees using AHV. As the largest specialty health plan in the US, Cardinal Innovations Healthcare will now service its 720,000 members through an IT infrastructure based on hybrid and all-flash systems from Nutanix. Visit us today and download your complete report on NTNX for free at: http://stock-callers.com/registration/?symbol=NTNX
Bengaluru, India headquartered Infosys Ltd's stock declined 1.66%, closing the day at $15.36 with a total trading volume of 2.61 million shares. Shares of the Company, which together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally, are trading 3.00% below their 50-day moving average. The stock has a Relative Strength Index (RSI) of 42.88.
On October 18th, 2016, EdgeVerve Systems, a wholly owned product subsidiary of Infosys, Emirates NBD, the leading banking group in Middle East and ICICI Bank Limited, India's largest private sector bank by consolidated assets, announced the pilot launch of blockchain network for international remittances and trade finance. Both, Emirates NBD and ICICI Bank run Finacle solutions suite and have leveraged the blockchain framework to route business transaction between the two entities for remittances and trade finance business. The complimentary research report on INFY can be accessed at: http://stock-callers.com/registration/?symbol=INFY
On Thursday, shares in Palo Alto, California headquartered VMware Inc. recorded a trading volume of 7.12 million shares, which was higher than their three months average volume of 2.33 million shares. The stock ended the day 3.36% higher at $75.77. The Company's shares have gained 2.60% in the past month, 3.82% in the previous three months, and 33.94% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.23% and 24.73%, respectively. Furthermore, shares of VMware, which provides virtualization and cloud infrastructure solutions in the US and internationally, have an RSI of 64.01.
On October 25th, 2016, VMware announced a new integration between VMware's VMware Secure Digital Backpack for Education, powered by VMware Workspace™ ONE™, and Colleague® by Ellucian. This new VMware solution will help higher education IT professionals automate the delivery of a consistent and personalized digital workspace to every student for anytime, anywhere, any device access throughout their entire time at school.
Yesterday, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. Register for free on Stock-Callers.com and download the PDF research report on VMW at: http://stock-callers.com/registration/?symbol=VMW
Santa Clara, California headquartered Hortonworks Inc.'s stock climbed 1.97%, finishing yesterday's session at $7.76 and with a total trading volume of 477,472 shares. Shares of the Company, which focuses on the development, distribution, and support of Hadoop open source project in the US and internationally, are trading below their 50-day moving average by 1.80%. The stock has an RSI of 50.08.
On October 13th, 2016, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Sell'.
On October 27th, 2016, Hortonworks announced that Lenovo Group Ltd. (Lenovo), a multinational technology company, is using Hortonworks Data Platform (HDP®) to manage its robust big data analytics platform, as well as Hortonworks Professional Services to provide expert global support. Get free access to your research report on HDP at: http://stock-callers.com/registration/?symbol=HDP
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