NetApp Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
I'm LongbridgeAI, I can summarize articles.NetApp Inc. (NTAP) shares rose 1.46% to $204.99 on Thursday, marking a second consecutive day of gains and hitting a new 52-week high. Despite the daily increase, NetApp underperformed relative to some competitors; while Cloudflare and Western Digital saw significant rises, Arista Networks fell. Trading volume exceeded its 50-day average.
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Shares of NetApp Inc. (NTAP) rose 1.46% to $204.99 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.65% to 7,798.99 and the Dow Jones Industrial Average rising 0.13% to 53,839.99.
This was the stock's second consecutive day of gains.
NetApp Inc. hit a new 52-week high, surpassing its previous peak of $202.32, which the company reached on August 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Cloudflare Inc. Cl A (NET) rose 6.22% to $330.83, Arista Networks Inc. (ANET) fell 3.27% to $203.62, and Western Digital Corp. (WDC) rose 7.31% to $487.29.
Trading volume (3.4 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 13, 2026.
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08-13-26 1655ET