DJ NetApp Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of NetApp Inc. $(NTAP)$ shed 3.39% to $118.34 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
NetApp Inc. closed $17.11 short of its 52-week high ($135.45), which the company reached on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Cloudflare Inc. Cl A $(NET)$ fell 7.20% to $109.10, Arista Networks Inc. $(ANET)$ fell 4.32% to $108.07, and Western Digital Corp. $(WDC)$ fell 1.70% to $63.54.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:05 ET (22:05 GMT)
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