Despite A Rise In Sales, Here’s Why NetApp Stock Has Underperformed The S&P
- Tuesday, November 1, 2022, 10:02
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NetApp Inc. (NASDAQ: NTAP) stock price gained 16% from $60 in late 2018 to almost $70 currently, primarily due to a steady rise in its revenues. Additionally, over this period, the company also witnessed a strong rise in its revenue per share, driven by a drop in its outstanding share count.
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