NetApp Inc. Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.NetApp Inc. (NTAP) shares fell 2.81% to $186.86, marking the fourth consecutive day of losses and closing 10.62% below its 52-week high. Despite this decline, NTAP outperformed competitors like Cloudflare, Arista Networks, and Western Digital, which all posted larger drops on Monday. Trading volume remained below the 50-day average.
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Shares of NetApp Inc. (NTAP) shed 2.81% to $186.86 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.26% to 53,417.16 and the S&P 500 Index falling 0.28% to 7,652.86.
This was the stock's fourth consecutive day of losses.
NetApp Inc. closed 10.62% below its 52-week high of $209.06, which the company reached on August 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Cloudflare Inc. Cl A (NET) fell 4.36% to $280.35, Arista Networks Inc. (ANET) fell 0.27% to $188.15, and Western Digital Corp. (WDC) fell 5.24% to $435.38.
Trading volume (2.3 M) remained 456,195 below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 24, 2026.
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08-24-26 1654ET