Pure Storage is trading 5.64% up at €90.30 after a reported design win and supply agreement with a second top-five hyperscaler using DirectFlash technology across multiple performance tiers.
- The rally extends from August 11, with the stock reaching recent record highs.
- Pre-earnings positioning ahead of the August 26 results may be adding momentum.
- Broader markets were largely flat; the hyperscaler announcement was the clearest catalyst identified for the August 12 movement.