Shares of Nutanix Inc. tumbled 6% Friday after long-rumored acquirer Hewlett Packard Enterprise Co. told MarketWatch there are"no discussions" to buy the cloud-computing company. Earlier this month, Bloomberg reported HPE held on-and-off talks with Nutanix following pressure from hedge fund investor Legion Partners Asset Management for Nutanix to explore a sale."We don't comment on rumors or speculation," an Nutanix spokesperson told MarketWatch.
... Shares of Nutanix Inc. NTNX tumbled 6% Friday after long-rumored acquirer Hewlett Packard Enterprise Co. HPE told MarketWatch there are"no discussions" to buy the cloud-computing company. Earlier this month, Bloomberg reported HPE held on-and-off talks with Nutanix following pressure from hedge fund investor Legion Partners Asset Management for Nutanix to explore a sale."We don't comment on rumors or speculation," an Nutanix spokesperson told MarketWatch.
Ouch, to stock price. One of the best technology solutions in the last 20 years, coupled with worst management team in 40 year's!
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