Pure Storage (PSTG) Stock Slides as Market Rises: Facts to Know Before You Trade

Pure Storage (PSTG) closed at $55.48 in the latest trading session, marking a -1.7% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.41%. Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq lost 0.18%.Heading into today, shares of the data storage company had gained 36.79% over the past month, outpacing the Computer and Technology sector's gain of 15% and the S&P 500's gain of 9% in that time.The upcoming earnings release of Pure Storage will be of great in ...