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Benzinga
Benzinga
Business
Erica Kollmann

Pure Storage Cashes In On Meta Partnership, CFO Hypes 'Hyperscaler Interest'

Pure Pure Storage Meta Charles Giancarlo CNBC
The,Pure,Storage,,Inc.,Logo,Appears,On,A,Smartphone,Screen

Pure Storage Inc (NYSE:PSTG) stock surged more than 30% on Thursday, setting up for a record close, after the data storage firm delivered stronger-than-expected quarterly results and raised its full-year outlook.

A major factor behind the rally was excitement on Wall Street about the company's growing partnership with Meta Platforms, Inc. (NASDAQ:META), according to CNBC.

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