Nutanix’s stock is down after HPE says there are ‘no discussions’ for an acquisition

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Shares of Nutanix Inc. NTNX, -7.99% tumbled more than 6% Friday after long-rumored acquirer Hewlett Packard Enterprise Co. HPE, +0.25% 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.

This article was originally published by Marketwatch.com. Read the original article here.

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