Flash storage stocks post big gains ahead of Nimble's earnings

Nimble Storage (NMBL +6.9%), Fusion-io (FIO +6%), and Violin Memory (VMEM +6.6%) are all rallying strongly ahead of Nimble's first earnings report as a public company (due after the close).

Fusion-io had 15% of its float shorted as of Feb. 14. Violin, which sold 18M shares in a September IPO, had a 4.2M-share short interest as of Feb. 14.

Going into its report, Nimble is up 157% from a December IPO price of $21.

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Comments (2)
    , contributor
    Comments (2) | Send Message
    NMBL is a bright light in this cluttered space. Big things to come there.
    27 Feb 2014, 04:33 PM Reply Like
    , contributor
    Comments (2) | Send Message
    NMBL is essentially a sure thing.
    27 Feb 2014, 10:13 PM Reply Like
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