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Nimble Storage’s (NYSE:NMBL) lock-up period is set to expire on Wednesday, June 11th. Nimble Storage had issued 8,000,000 shares in its public offering on December 13th, reports. The total size of the offering was $168,000,000 based on an initial share price of $21.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Shares of Nimble Storage (NYSE:NMBL) traded down 2.47% on Tuesday, hitting $24.616. The stock had a trading volume of 73,279 shares. Nimble Storage has a 1-year low of $19.17 and a 1-year high of $58.00. The stock’s 50-day moving average is $25.74 and its 200-day moving average is $37.40. The company’s market cap is $1.760 billion.

Nimble Storage, Inc provides its customers with data storage platform. The Company focuses on research and development of its technology platform, developing new products and enhancing its cloud-based management services.

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