Pure Storage is trading 10.86% down at €109.95 on October 30, 2026, in line with a broader technology selloff amid questions about returns on heavy AI spending.

  • Reuters reported tech shares slumped as investors questioned whether AI spending would generate sufficient returns; software stocks were also under pressure.
  • No clear company-specific announcement or catalyst surfaced in the available reports.
  • The decline follows a 13.1% gain on October 27, which does not explain today’s move.