This post was originally published on this site
High demand for NTAP’s industry-leading capabilities in the cloud space drove its performance in the last quarter. In addition, the company’s focused execution and demonstrated leadership have allowed it to emerge as a leading company in this space.
The stock has gained 7.8% in price since the earnings report was released on August 25. NTAP hit its 52-week price high of $91.29 on August 26.