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Barchart
Sohini Mondal

Is NetApp Stock Underperforming the S&P 500?

NetApp NTAP

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-cap” stocks, and NetApp fits this criterion perfectly. Serving a wide range of industries, NetApp delivers comprehensive operational, professional, and support services to enhance data efficiency, security, and performance worldwide.

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