Why Pure Storage Stock Was a Winner on Wednesday
Pure Storage (PSTG 1.86%) stock edged higher on Hump Day, thanks largely to an encouraging earnings report. After this was published, investors pushed the stock nearly 2% higher on the day, which was notable because the benchmark S&P 500 index essentially traded sideways.Double beat on key fundamentalsThose numbers were unveiled before market open on Wednesday, revealing that the data storage company earned just under $880 million in revenue in the fourth quarter of its fiscal 2025. This meant a double-digi ...