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NetApp Inc. stock falls Thursday, still outperforms market

Editorial Staff by Editorial Staff
February 3, 2022
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NetApp Inc. stock falls Thursday, still outperforms market

Shares of NetApp Inc. NTAP, -0.79% sank 0.79% to $87.96 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -2.44% falling 2.44% to 4,477.44 and Dow Jones Industrial Average DJIA, -1.45% falling 1.45% to 35,111.16. The stock’s fall snapped a four-day winning streak. NetApp Inc. closed $8.86 short of its 52-week high ($96.82), which the company reached on January 14th.

Despite its losses, the stock outperformed some of its competitors Thursday, as HP Inc. HPQ, -1.15% fell 1.15% to $37.72, Seagate Technology Holdings PLC STX, -2.01% fell 2.01% to $108.17, and Western Digital Corp. WDC, -2.15% fell 2.15% to $52.29.true Trading volume (1.1 M) remained 846,416 below its 50-day average volume of 1.9 M.

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POPULAR NEWS

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