Pure Storage finally breaks out of its stockmarket lethargy

Pure Storage's stock has surged after 18 months of stagnation, driven by strong quarterly results and a 14% revenue increase in the first nine months of the fiscal year. Despite challenges like competition and cost-structure issues, including high stock-based compensation, the company remains a key player in the data-center ecosystem. However, its high market capitalization relative to free cash flow suggests no room for error, similar to MongoDB's situation.