Stock Alert: Nutanix Shares Up 19% On Narrower Loss

Shares of cloud software and hyperconverged infrastructure solutions provider Nutanix, Inc. (NTNX) are gaining more than 15 percent on Friday morning as the company reported a narrower net loss for the second quarter. Nutanix also said Bain Capital Private Equity will make an investment of $750 million in Convertible Senior Notes to support the Company's growth initiatives.