NetApp's Trading Volume Surges 82.99% to $278 Million, Ranked 293rd Despite Stock Price Drop

Generated by AI AgentAinvest Volume Radar
Friday, May 23, 2025 8:01 pm ET1min read

On May 23, 2025, NetApp's trading volume reached $278 million, marking an 82.99% increase from the previous day. This surge placed

at the 293rd position in terms of trading volume for the day. However, despite the high trading volume, NetApp's stock price fell by 1.78%.

NetApp is anticipated to release its fourth-quarter earnings report on May 28, 2025. Analysts expect the company to report earnings of $1.89 per share, reflecting a 5% year-over-year increase. This upcoming report is crucial for investors as it will provide insights into the company's financial performance and future prospects.

Man Group plc recently reduced its stake in NetApp by 29.9% during the fourth quarter. This move by a significant investor could influence market sentiment and potentially impact NetApp's stock price in the coming days. Investors will be closely monitoring the company's earnings report and any subsequent changes in institutional holdings.

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