DJ NetApp Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of NetApp Inc. $(NTAP)$ rallied 1.53% to $124.49 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.01% to 5,956.06 and the Dow Jones Industrial Average falling 0.43% to 43,433.12.
The stock's rise snapped a three-day losing streak.
NetApp Inc. closed 8.09% short of its 52-week high of $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 $(NET)$ rose 1.24% to $144.92, Arista Networks Inc. $(ANET)$ rose 3.77% to $96.38, and Western Digital Corp. $(WDC)$ rose 2.22% to $50.16.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 26, 2025.
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(END) Dow Jones Newswires
February 26, 2025 17:04 ET (22:04 GMT)
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