… And by Levi & Korsinsky …

Levi & Korsinsky, LLP has commenced an investigation of Nimble Storage, Inc. concerning possible violations of federal securities laws by the company and/or certain of its officers and directors.

On December 13, 2013, Nimble Storage stock traded as high as $35.13, the day the company sold 8.0 million shares of stock in its IPO, raising $168 million in new capital.

On November 19, 2015, after the market closed, the company announced an adjusted third-quarter loss of $0.14 a share on revenue of $80.7 million, missing analysts forecasts of a loss of $0.08 a share on revenue of $87.5 million.

Nimble Storage also estimates an adjusted fourth-quarter loss of $0.11-$0.13 a share on revenue of $87 million to $90 million verus analysts’ forecasts that the company would have break-even results on revenue of $99.3 million.

Upon this news, shares of Nimble Storage were down 48.48% on November 20, 2015.