Everpure stock falls after rebrand from Pure Storage

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Dystopian AI report sinks payment and software stocks Gold prices rise on Trump tariff jitters; Russia sold gold holding in January These 2 chip stocks are new Top Picks at Citi Dow slides 700 points on Trump tariff turmoil, Nasdaq falls on AI research report (South Africa Philippines Nigeria) Everpure stock falls after rebrand from Pure Storage By Investing.com Editor Luke Juricic Stock Markets Editor Luke Juricic Published 02/23/2026, 01:01 PM Everpure stock falls after rebrand from Pure Storage 0 PSTG -6.11% Investing.com -- Everpure Inc (NYSE:PSTG) shares fell 5.9% Monday following the company’s announcement that it is changing its name from Pure Storage and entering into an agreement to acquire data intelligence firm 1touch. The Santa Clara, California-based data storage company said the rebrand to Everpure reflects its evolution from storage solutions to broader data management capabilities. The company will begin trading under the new name on the New York Stock Exchange on March 5, though its ticker symbol PSTG will remain unchanged. Everpure announced it has entered into a definitive agreement to acquire 1touch, a company specializing in data intelligence and orchestration that provides enterprises with a unified view of their information. The acquisition will add data discovery and semantic context capabilities to Everpure’s platform, allowing the company to discover, classify, contextualize, and enrich data across datasets and environments. "Everpure reflects the company we have become as we help enterprises unleash the full power of their data," said Charles Giancarlo, CEO of Everpure. "With 1touch, we are taking the next step in helping organizations not only gain control of their most valuable asset—data—but also understand, enhance, and contextualize that data for actionable intelligence." The transaction is subject to customary closing conditions and is expected to close in the second quarter o...