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The filed complaint alleges that Nutanix, Inc. made materially false and/or misleading statements and/or failed to disclose that: On November 25, 2025, after the market closed, Nutanix published first quarter fiscal 2026 revenue results that landed at the bottom end of the Company’s prior guidance. Management attributed the decline to a late quarter “revenue shift from Q1 to future periods” caused by increased customer demand for flexible start dates and the growth of the company’s business through third-party OEM partners. As a result, Nutanix slashed its full-year revenue projection from $2.9B - $2.94B down to $2.82B - $2.86B. Following this news, NTNX’s stock price fell by $10.43 (17.7%) per share to close at $48.34 per shar on November 26, 2025.
In order to be eligible to join the NTNX class action lawsuit, you must have incurred a loss on shares of Nutanix, Inc. purchased during the class period listed above.
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