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Pure Storage's stock surges above IPO price for the first time after Dell-EMC merger deal

Pure Storage Inc.'s stock PSTG, +9.28% ran up 8.4% in midday trade Monday, putting it on track to close above its initial public offering price of $17 for the first time since it went public last Wednesday. Analyst Ittai Kidron at Oppenheimer said one "ripple effect" from a>