Oct
03
Nutanix I.P.O. Creates Opening for Others
ByNutanix, the cloud data-storage firm that made its market debut last week, has jammed open the window for initial public offerings.
The firm’s stock popped a whopping 131 percent on its debut on Friday, for a market capitalization above $5 billion. The warm welcome that was extended to new companies in September, combined with decreased venture-capital funding, may lead others to pull the trigger. The coming presidential election means they had better hurry…