NetApp, Inc. (NTAP) closed at $199.25 on October 31, 2026, shedding 8.76% over the prior 24 hours in one of the stock's steeper single-session declines in recent memory. The move pushed the company's market capitalization to $42.9 billion.
The daily loss was part of a broader pullback that has persisted across multiple timeframes. Over the past seven days, NTAP has declined 7.50%, while the 30-day period shows a cumulative drop of 5.16%, indicating sustained selling pressure rather than a single-session event.
The back-to-back losses across daily, weekly, and monthly windows suggest that bearish sentiment around the stock has been building steadily through October. NetApp's shares have now retreated meaningfully from levels seen at the start of the month.
As of the close, NTAP's market capitalization stood at $42.9 billion, reflecting the cumulative effect of the recent price erosion across all measured timeframes.
