Pure Storage, SGH lower after Wedbush discusses Meta’s new AI clusters

Shares of Pure Storage (PSTG) and SGH (SGH) are both lower after Wedbush released a note discussing Meta‘s (META) new AI clusters and possible implications for vendors. In afternoon trading, shares of Pure Storage are down $3.48, or 6%, to $50.58, while those of SGH are down 24c, or 1%, to $22.77.