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Why NetApp Inc. (NASDAQ:NTAP) Busted Under Support Levels on the Beat-and-Raise

NetApp Inc. (NASDAQ:NTAP) reported second quarter EPS, beating market expectations at $1.06 on revenues of $1.52 bln, which also beat, coming in above the midpoint of the company’s guidance. However, like a number of other cloud and data plays, the company missed the spiritual target on next-Q guidance, underwhelming hopes […]