NetApp Inc. Stock Underperforms Friday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.NetApp Inc. (NTAP) shares fell 1.02% to $189.52 on Friday, underperforming the broader market as the S&P 500 and Dow Jones rose. The stock closed 3.16% below its 52-week high of $195.70. Trading volume was lower than the 50-day average. Performance varied against competitors: Cloudflare rose 5.57%, while Arista Networks and Western Digital declined.
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Shares of NetApp Inc. (NTAP) slid 1.02% to $189.52 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.62% to 7,757.64 and the Dow Jones Industrial Average rising 0.28% to 54,036.93.
NetApp Inc. closed 3.16% short of its 52-week high of $195.70, which the company achieved on August 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Cloudflare Inc. Cl A (NET) rose 5.57% to $300.27, Arista Networks Inc. (ANET) fell 1.90% to $188.67, and Western Digital Corp. (WDC) fell 3.81% to $434.30.
Trading volume (1.6 M) remained 1.7 million below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 7, 2026.
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08-07-26 1654ET