Tech Standout Winner: NetApp (NTAP)

Posted in General 
November 13th, 2008

NetApp, Inc. (NASDAQ: NTAP) is one of the few tech stocks trading higher.  The company posted a 41% drop in income, but a 15% gain in revenues, which were both above analyst estimates.  Shares of the enterprise data storage operator were indicated up 6% pre-market earlier this morning.

Shares at 9:27 AM EST have seen over 53,000 traded and the stock is up over 8% at $11.25 right before the open.  Its 52-week low was yesterday and the 52-week range is $10.39 to $27.71.

Jon C. Ogg
November 13, 2008

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