DJ NetApp Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of NetApp Inc. $(NTAP)$ slid 4.82% to $119.93 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.65% to 44,713.58 and the S&P 500 Index falling 1.46% to 6,012.28.
This was the stock's second consecutive day of losses.
NetApp Inc. closed 11.46% below its 52-week high of $135.45, which the company achieved on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Cloudflare Inc. Cl A $(NET)$ rose 1.08% to $126.47, Arista Networks Inc. $(ANET)$ fell 22.35% to $100.30, and Western Digital Corp. $(WDC)$ fell 4.47% to $64.40.
Trading volume (2.1 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 27, 2025.
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January 27, 2025 17:02 ET (22:02 GMT)
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