Nutanix's (NTNX) shares were down nearly 7% in Friday trading after JPMorgan downgraded the enterprise cloud software company's stock to neutral from overweight and adjusted its price target to $44 from $55.
Trading volume stood at over 3.1 million shares, versus the daily average of roughly 4.9 million.
Price: $34.51, Change: $-2.43, Percent Change: -6.58%