NetApp (NTAP) Stock Drops Despite Market Gains: Important Facts to Note

In the latest trading session, NetApp (NTAP) closed at $118.52, marking a -1.13% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.26%. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.48%. Shares of the data storage company have appreciated by 6.29% over the course of the past month, underperforming the Computer and Technology sector's gain of 7.4%, and outperforming the S&P 500's gain of 2.87%.Investors will b ...