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Why Nutanix Stock Is Trading Higher Monday

1. Nutanix to join S&P MidCap 400 index effective September 22. 2. Index inclusion usually increases demand from institutional investors. 3. Shares rose 7.24% to $74.98 following the announcement. 4. Nutanix possesses a solid Growth score but low Value score. 5. Stock's 52-week trading range is $54.66 to $83.36.

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FAQ

Why Bullish?

Inclusion in S&P MidCap 400 typically boosts share demand historically, evident in past examples.

How important is it?

Inclusion in a major index indicates institutional investment interest, enhancing stock liquidity.

Why Short Term?

Immediate demand surge from index funds generally occurs post-inclusion.

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