
Shares of Nutanix (NASDAQ: NTNX) closed just under $48 last week, continuing to extend what’s turning into a frustrating end to the year for investors. The software company is down about 40% from its September highs and more than 20% over the past three weeks alone.
While it could be argued that Nutanix never fully found its footing in 2025, the most recent drop followed an earnings report that spooked rather than calmed the market and accelerated selling pressure. Although the pullback had some justification, the setup for the final weeks of the year offers a favorable risk/reward balance.