|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's range||86.25 - 91.34|
|52-week range||58.08 - 91.35|
|Beta (5Y monthly)||1.18|
|PE ratio (TTM)||27.64|
|Earnings date||28 Nov 2023|
|Forward dividend & yield||2.00 (2.23%)|
|Ex-dividend date||04 Jan 2024|
|1y target est||80.90|
Shares of Pure Storage (NYSE: PSTG) were on the rise today, up 6.4% as of 2:06 p.m. EST. The company, which makes storage-related software and hardware for enterprise, hybrid, and cloud-data centers, got a lift today after rival NetApp (NASDAQ: NTAP) reported better-than-expected earnings and guidance last night. Pure Storage will report after market close today, so investors may be trying to get in ahead of more good news.
General Motors (NYSE:GM) rose more 9% after detailing plans to launch an accelerated $10 billion stock buyback programme and hike its quarterly dividend by 33% next year as the automaker looks to return "significant capital" to shareholders.
Ideally, bullish market participants would prefer to see more stocks rise as part of a more sustained rally. From that perspective, tech investors got some good news on Wednesday morning. Tech stocks beyond the giga-cap giants scored some hard-earned gains, including human resources software specialist Workday (NASDAQ: WDAY) and data storage company NetApp (NASDAQ: NTAP).