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Kiplinger

Business

Joey Solitro

Why Pure Storage Stock Is Sailing Higher After Earnings

Pure Storage Charles Giancarlo PSTG Needham

Low-angle view of sign with logo on facade of technology company Pure Storage in the Silicon Valley town of Mountain View, California.

Pure Storage (PSTG) stock is surging in Wednesday's session after the advanced data storage company beat top- and bottom-line expectations for its fiscal 2025 third quarter and announced it had been awarded a design win from a "top-four hyperscaler."

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