Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher.

In a report released today, George Wang CFA from Barclays maintained a Buy rating on Nutanix (NTNX – Research Report), with a price target of

On Monday, Nutanix Inc (NTNX) stock saw a decline, ending the day at $72.8 which represents a decrease of $-0.38 or -0.52% from the prior close of $73.18. The stock opened at $74.3 and touched a low of $72.04 during the day, reaching a high of $75.8. The volume of shares traded was 19.44 million exceeding the average volume of 1.94 million.