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Wajeeh Khan

Should You Buy the Post-Earnings Pop in Pure Storage Stock?

Pure Storage PSTG Charles Giancarlo

Pure Storage (PSTG) shares closed more than 30% higher on Thursday after the enterprise-grade data storage solutions company reported an impressive Q2 and raised its guidance for the full year.

The company’s management now expects revenue to fall between $3.6 billion and $3.63 billion in fiscal 2025 – well ahead of $3.52 billion it had forecast earlier.

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