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Nutanix’s Dheeraj Pandey Willing ‘To Walk On Fire’ To Build $3 Billion Company

In an interview with CRN, Nutanix CEO Dheeraj Pandey talks about Nutanix stock, container plans with IBM and Red Hat, coronavirus impacts and momentum with Hewlett Packard Enterprise.

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Why do you think Nutanix’s stock dipped so much in after-hours trading right after earnings?

First of all, in after-hours trading, the volumes are very low. These things restore to balance over the course of the next three or four weeks. Most of the news that you see is bot-generated. It’s not CRN in-depth writing, for example. It’s computers going in and doing that. A lot of the selling also is happening by computers and bots, algorithmic selling. I would actually wait for the next few weeks where people look at this a little bit more closely and double-click on our narrative where we’ve constantly talked about how the business is robust. We had a really good second quarter. At the same time, this is the first time we’re facing an environment that is murky at best and we have to be cautious at least for the next three to six months.

 
 
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