NetApp Inc. Stock Slides 5.1%, Underperforms Market

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of NetApp Inc. slipped 5.1% to $203.80 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,659.44 and Dow Jones Industrial Average falling 0.3% to 52,002.41.

This was the stock's fourth consecutive day of losses.

NetApp Inc. closed 15.4% short of its 52-week high of $240.87, which the company reached on October 13th.

The stock demonstrated a mixed performance when compared to some of its peers, as Cloudflare Inc. Cl A fell 6.3% to $296.30, Arista Networks Inc. fell 4.6% to $176.98, and Western Digital Corp. fell 6.86% to $332.00.

Trading volume totaled 3.1 million, compared to the 50-day average of 2.6 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 16, 2026 16:35 ET (20:35 GMT)