DJ NetApp Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of NetApp Inc. $(NTAP)$ advanced 1.90% to $123.72 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.39% to 6,061.48 and the Dow Jones Industrial Average rising 0.71% to 44,873.28.
This was the stock's second consecutive day of gains.
NetApp Inc. closed 8.66% 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 2.96% to $144.29, Arista Networks Inc. $(ANET)$ rose 2.82% to $115.49, and Western Digital Corp. $(WDC)$ rose 1.43% to $64.72.
Data source: Dow Jones Market Data, FactSet. Data compiled February 5, 2025.
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February 05, 2025 17:04 ET (22:04 GMT)
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