NetApp Inc. Stock Underperforms Wednesday When Compared To Competitors

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DJ NetApp Inc. Stock Underperforms Wednesday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of NetApp Inc. $(NTAP)$ shed 2.05% to $118.76 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.33% to 5,813.67 and Dow Jones Industrial Average falling 0.22% to 42,141.54.

The stock's fall snapped a two-day winning streak.

NetApp Inc. closed $16.25 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 Wednesday, as Cloudflare Inc. Cl A $(NET)$ rose 0.37% to $89.85, Arista Networks Inc. $(ANET)$ fell 1.39% to $396.00, and Western Digital Corp. $(WDC)$ fell 1.87% to $67.02.

Trading volume (1.6 M) eclipsed its 50-day average volume of 1.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 30, 2024.

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October 30, 2024 17:06 ET (21:06 GMT)

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