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How NetApp’s Recent Share Price Moves Tie Back to Value

NetApp’s share price has shifted meaningfully in recent months, so it helps to separate short term excitement from what the stock may actually be worth.

Over the past week the stock returned 1.8%, over the last month it recorded a 21.2% return, year to date it is at 9.2% and over the last year it returned 19.0%, all off a latest close of US$116.23.

These moves have come as the stock continues to attract attention in the broader tech sector, with investors reacting to ongoing developments around…