Is NetApp Stock Underperforming the S&P 500?

With a market cap of $23.3 billion, NetApp, Inc. (NTAP) is a global provider of enterprise software, systems, and services that help organizations modernize and manage their data infrastructures across on-premises, hybrid, and public cloud environments. The company operates through its Hybrid Cloud and Public Cloud segments, offering advanced data management software, high-performance storage solutions, and cloud-integrated services. Companies valued at $10 billion or more are generally considered “large- ...