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Why Is It Moving? Looking At Pure Storage's Price Action Today

March 9, 2021 9:54 am
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Pure Storage's Stock Price And Volume Action

Pure Storage's (NYSE:PSTG) stock has been rising Tuesday, up 8.72% to a price of $21.21. The stock's volume is currently 347.29 thousand, which is roughly 5.64% of its recent 30-day volume average of 6.16 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Pure Storage shares are trading higher after Deutsche Bank upgraded the stock from Hold to Buy.

Further Analysis of Recent Price Action

The moving average price of the stock over the past 50 days was $24.3 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $29.53 and as low as $7.93.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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