Nutanix Inc is trading 4.9% down at $51.00 in after-hours trading, moving in line with a broader technology sector sell-off as major indices face significant pressure.
- The Nasdaq has dropped sharply on renewed rate-hike fears and a shift toward risk-off sentiment among growth stocks.
- The price action extends recent volatility for the stock, which had experienced a sharp rebound earlier this week.
- There are no fresh, company-specific news catalysts driving the move following the market close.