Shares of Nutanix
were trading at $27.30 Friday morning, above the company's $16 issue price, in the stock's debut on the Nasdaq. Nutanix, an enterprise cloud platform company, sold 14.9 million shares at an issue price of $16 to raise about $238 million. The lead underwriters on the offering were Goldman, Sachs & Co. and Morgan Stanley Co. LLC.
No categories available
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.