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Today's Research Reports on Trending Tickers: VirnetX Holding and Nutanix

NEW YORK, NY / ACCESSWIRE / January 16, 2019 /U.S. markets rose on Tuesday as Netflix helped push the tech sector higher after announcing it would raise the price of its monthly membership. Tech giants Alphabet, Amazon, Appleand Facebook all saw gains of over 2 percent on Tuesday. The Dow Jones Industrial Average jumped 0.65 percent to settle at 24,065.59, while the S&P 500 hiked 1.07 percent to close at 2,610.30. The Nasdaq advanced 1.71 percent to settle at 7,023.83.

"Investors will likely view this above-Street estimate increase quite positively, bolstering confidence in subscriber trends,pace of revenue growth and ability to achieve guidance for margin gains," said Credit Suisse analyst, Doug Mitchelson.

The Market Edge Initiates Coverage on:

VirnetX Holding Corp
https://marketedgereport.com/report/VHC/

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Nutanix, Inc.
https://marketedgereport.com/report/NTNX/

VirnetX Holding’s stock jumped 63.57% Tuesday, to close the day at $6.33. The stock recorded a trading volume of 17,828,108 shares, which was above its three months average volume of 533,961 shares. In the last year, VirnetX Holding’s shares have traded in a range of 2.10 - 6.44. The share price has gained 201.43% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $3.07 is below its 200-day moving average of $3.39. Shares of VirnetX Holding have gained roughly 104.19 percent in the past month and are up 163.75 percent year-to-date.

Access The Market Edge's VirnetX Holding Corp Research Report:
https://marketedgereport.com/report/VHC/

On Tuesday, shares of Nutanix recorded a trading volume of 3,964,202 shares, which was above the three months average volume of 2,560,666 shares. The stock ended the day 7% higher at $48.74. The share price has fallen 24.87% from its 52week high with a52 week trading range of 29.34 - 64.87. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $42.45 is below its 200-day moving average of $46.87. Shares of Nutanix have gained roughly 10.47 percent in the past month and are up 17.19 percent year-to-date.

Access The Market Edge's Nutanix, Inc. Research Report:
https://marketedgereport.com/report/NTNX/

Our Actionable Research on VirnetX Holding Corp (NYSEAMERICAN:VHC) and Nutanix, Inc. (NASDAQ:NTNX) can be downloaded free of charge at The Market Edge.

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The Market Edge has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of MarketEdgeReport.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. MarketEdgeReport.com is neither a registeredbroker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.marketedgereport.com/disclaimer.

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SOURCE: MarketEdgeReport