Pure Storage (PSTG) Increases Yet Falls Behind Market: What Investors Need to Know
Pure Storage (PSTG) closed the latest trading day at $40.36, indicating a +0.37% change from the previous session's end. This move lagged the S&P 500's daily gain of 2.51%. Meanwhile, the Dow gained 2.66%, and the Nasdaq, a tech-heavy index, added 2.71%.Shares of the data storage company have depreciated by 23.96% over the course of the past month, underperforming the Computer and Technology sector's loss of 12.18% and the S&P 500's loss of 8.86%.Analysts and investors alike will be keeping a close eye on t ...