DJ NetApp Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of NetApp Inc. $(NTAP)$ rallied 1.80% to $122.44 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 6,071.17 and the Dow Jones Industrial Average rising 0.38% to 44,882.13.
This was the stock's second consecutive day of gains.
NetApp Inc. closed 9.60% 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 Thursday, as Cloudflare Inc. Cl A $(NET)$ rose 0.60% to $137.26, Arista Networks Inc. $(ANET)$ rose 5.58% to $113.86, and Western Digital Corp. $(WDC)$ rose 4.75% to $65.78.
Trading volume (1.3 M) remained 543,864 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 30, 2025.
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January 30, 2025 17:03 ET (22:03 GMT)
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