NetApp Stock Surges 34% Year to Date: Will the Rally Continue?
NetApp(NTAP) ZACKS·2024-09-17 23:25
NetApp’s (NTAP) shares have been performing well on the trading front, with a gain of 33.7% year to date compared with the sub-industry and the S&P 500 composite’s growth of 33.4% and 18.1%, respectively. Strong financial performance is driving the stock’s trajectory. The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters with an average surprise of 8.6%. Closing at $117.86 as of yesterday’s trading session, NTAP stock is currently trading 12.7% below its 52-week ...