Data storage provider Nutanix soars in market debut

(Reuters) - Shares of Nutanix Inc , an unprofitable provider of enterprise data storage, soared more than 80 percent in their market debut on Friday, highlighting demand for tech offerings in what has been a generally quiet year for IPOs. Several tech companies, notably Square Inc late last year, have had to price IPOs below private market valuations as investors worry about their potential to grow. Hopes for Nutanix rest on technologies, similar to those used by Alphabet Inc's Google and Amazon