DJ NetApp Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of NetApp Inc. $(NTAP)$ slid 0.96% to $125.32 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.18% to 5,853.98 and Dow Jones Industrial Average falling 0.80% to 42,931.60.
This was the stock's second consecutive day of losses.
NetApp Inc. closed $9.69 short of its 52-week high ($135.01), which the company achieved on July 10th.
The stock underperformed when compared to some of its competitors Monday, as Cloudflare Inc. Cl A $(NET)$ fell 0.07% to $90.74, Arista Networks Inc. $(ANET)$ rose 1.00% to $406.01, and Western Digital Corp. $(WDC)$ rose 0.34% to $67.26.
Trading volume (1.1 M) remained 387,636 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2024.
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(END) Dow Jones Newswires
October 21, 2024 17:05 ET (21:05 GMT)
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