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Henry Khederian

Why Nutanix Stock Is Trading Higher Monday

Nutanix NTNX SP Global

Creative,Glowing,Candlestick,Forex,Chart,On,Dark,Backdrop.,Finance,Growth

Nutanix Inc (NASDAQ:NTNX) shares are trading higher Monday afternoon following a Friday announcement from S&P Global that the cloud computing company will be added to the S&P MidCap 400 index.

The change is set to take effect prior to the opening of trading on Monday, Sept. 22.

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