Reported 3 days ago
Pure Storage, Inc. (NYSE:PSTG) experienced a remarkable 33.05% increase in stock value, reaching a 52-week high of $80.68 following strong revenue performance attributed to its partnership with Meta Platforms Inc. The company's net income rose by 32% year-on-year to $47 million, with revenues increasing by 12.69% to $861 million, significantly aided by its collaboration with Meta. Pure Storage has also increased its full-year revenue growth outlook to between $3.6 billion and $3.63 billion, reflecting a positive growth trajectory.
Source: YAHOO