NetApp’s Quarterly Revenue Disappoints
NetApp Inc. (NASDAQ: NTAP) is down 3.13% this morning from $39.32 to $38.09 in pre-market trading. At 8:35 AM EST the company had already traded 69,720 shares, in contrast with their average of 7,730,450. This move comes during a 52-week range of $21.29 to $44.89. NetApp’s pre-market woes are the result of disappointing quarterly revenue [...]
Unusual Options Volume Spikes on Friday (NLY, COCO, HPQ, PCS, NTAP, NFLX, PHM, SUN)
Friday had some incredibly wild options moves in select names on a standout basis. We tracked some very unique and strange moves in options of Annaly Capital Management, Inc. (NYSE: NLY), Corinthian Colleges Inc. (NASDAQ: COCO), Hewlett-Packard Company (NYSE: HPQ), MetroPCS Communications, Inc. (NYSE: PCS), NetApp Inc. (NASDAQ: NTAP), Netflix, Inc. (NASDAQ: NFLX), PulteGroup, Inc. [...]
Top Day Trader Alerts (XNPT, GSK, NVDA, LVS, WYNN, DSCO, NTAP, VLNC)
These are this Thursday’s top pre-market day trader and active trader alert stocks with a brief explanation and color on each: Xenoport, Inc. (NASDAQ: XNPT) is the worst we have seen in a while…. Shares are down about 64% at $7.05 on almost 4 million shares as of 8:48 AM EST. Average volume is under [...]
NetApp Decides on Earnings vs. CEO (NTAP)
NetApp, Inc. (NASDAQ: NTAP) is one of the more active issues to the downside this morning. The storage player reported better than expected earnings, but the firm refused to give much in details for guidance. More importantly, it replaced its CEO. At 8:28 AM EST we have seen a drop of 4.5% to $21.85 and [...]
PREMARKET ALERT: NetApp (NTAP, DDUP, EMC)
The bid on NetApp Inc. (Nasdaq: NTAP) shares is higher, at $19 a share, ahead of premarket trading Thursday, as the company saved some dough, and actually made a little, by losing its bid for data storage company Data Domain Inc. (Nasdaq: DDUP) to EMC Corp. (NYSE: EMC). NetApp says it does not plan to [...]
VOLUME ALERT: Data Domain (DDUP, NTAP, EMC)
Data Domain Inc. (DDUP) shares are up 2.5% to $34 on 1.5 times average trading volume early Monday after EMC Corp (NYSE: EMC) raised its bid for Data Domain to $33.50 a share in cash, or $3.50 a share more than it was willing to pay previously. EMC adds that it has received regulatory approval [...]
Tech Standout Winner: NetApp (NTAP)
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 [...]
Severe Volume Spike: NetApp (NTAP)
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 [...]
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