What’s Propelling Pivotal Software, Inc. (PVTL) to Increase So Much?

June 13, 2018 - By Maria Brooks

The stock of Pivotal Software, Inc. (NYSE:PVTL) is a huge mover today! The stock increased 32.96% or $6.99 during the last trading session, reaching $28.2. About 17.45M shares traded or 774.93% up from the average. Pivotal Software, Inc. (NYSE:PVTL) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.
The move comes after 8 months positive chart setup for the $7.22 billion company. It was reported on Jun, 14 by Barchart.com. We have $29.89 PT which if reached, will make NYSE:PVTL worth $432.96 million more.

More notable recent Pivotal Software, Inc. (NYSE:PVTL) news were published by: Nasdaq.com which released: “Mid-Day Market Update: Pivotal Software Gains Following Q1 Results; Flex Pharma Shares Slide” on June 13, 2018, also Businesswire.com with their article: “Pivotal Reports First Quarter Fiscal Year 2019 Financial Results” published on June 12, 2018, Benzinga.com published: “31 Stocks Moving In Wednesday’s Mid-Day Session” on June 13, 2018. More interesting news about Pivotal Software, Inc. (NYSE:PVTL) were released by: Benzinga.com and their article: “8 Stocks Moving In Tuesday’s After-Hours Session” published on June 12, 2018 as well as Nasdaq.com‘s news article titled: “Mid-Morning Market Update: Markets Edge Higher; Korn/Ferry Beats Q4 Views” with publication date: June 13, 2018.

Pivotal Software, Inc., together with its subsidiaries, provides an integrated solution that combines a cloud-native application platform and services in the United States. The company has market cap of $7.22 billion. The Company’s cloud-native platform, Pivotal Cloud Foundry , accelerates and streamlines software development by reducing the complexity of building, deploying, and operating modern applications. It currently has negative earnings. The firm also enables its clients to accelerate their adoption of a modern software development process and their business success using its platform through its strategic services, Pivotal Labs (Labs).

Pivotal Software, Inc. (NYSE:PVTL) Ratings Chart

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