Shares of Nutanix Inc. are down 5% in Friday trading after a Bloomberg report said that the company may be postponing the launch of its Xi public-cloud offering meant to rival Amazon.com Inc.'s Amazon Web Services. "We have extended the timeline and have added the teams to do it right," a Nutanix spokeswoman told Bloomberg in an email. "We are taking the truer but longer path to Xi." Microsoft Corp and Alphabet Inc. also compete in the market. Nutanix's stock is up 218% over the past 12 months, while the S&P 500 has gained 12%.