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Shares of NetApp Inc. (NTAP) shed 2.26% to $175.64 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&amp;P 500 Index rising 0.13% to 7,609.78 and the Dow Jones Industrial Average rising 0.45% to 51,307.79.
The stock's fall snapped a two-day winning streak.
NetApp Inc. closed 8.91% short of its 52-week high of $192.83, which the company reached on May 29th.
The stock underperformed when compared to some of its competitors Tuesday, as Cloudflare Inc. Cl A (NET) rose 0.68% to $272.66, Arista Networks Inc. (ANET) rose 2.72% to $175.33, and Western Digital Corp. (WDC) rose 3.09% to $563.10.
Trading volume (4.7 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2026.
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06-02-26 1655ET

NTAP

NetApp Inc. (NTAP) shares fell 2.26% to $175.64 on Tuesday, underperforming the broader market and key competitors like Cloudflare, Arista Networks, and Western Digital. This decline ended a two-day winning streak, with the stock trading 8.91% below its 52-week high of $192.83. Trading volume reached 4.7 million, surpassing the 50-day average.

NetApp Inc. Stock Underperforms Tuesday When Compared To Competitors