Nimble closes higher post-lockup; new hardware launched

|About: Nimble Storage, Inc. (NMBL)|By:, SA News Editor

After starting lockup expiration day lower, Nimble Storage (NMBL) closed moderately higher. Volume (2.1M shares) was over 3x a 3-month average of 655K.

Nimble used the day to launch its CS700 hybrid flash/disk arrays, which add support for all-flash expansion shelves containing up to 12.8TB of capacity. Nimble argues the shelves, together with clustering support, can yield major performance gains over prior-gen systems.