NetApp a data storage company, reported stronger-than-expected earnings and raised its fiscal year guidance on Wednesday, but its stock was falling anyway.
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NetApp Inc. (NASDAQ:NTAP) shares fell 4.5% in after-hours trading Thursday as the data storage company’s first-quarter guidance fell short of analyst expectations, overshadowing better-than-expected fourth-quarter results.
Shares of NetApp were trading higher Friday after the data-storage company turned in a strong quarter and raised its financial guidance.
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