Volume Spike Investor

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 [...]

Shares of NetApp, Inc. (NASDAQ: NTAP) are up marginally today by 1% at $23.92 after about 40 minutes of trading.  But there is an extreme surge in trading volume with already some 24 million shares having traded hands.  Its average daily volume is about 8.5 million shares. The company priced $1.1 Billion in 1.75% convertible [...]