NetApp (NTAP) Down Ahead of Q1 Figures

NetApp Inc. NTAP shares descended 1.5% to $29.84. The company is forecast to post a fiscal first-quarter profit of 23 cents a share on revenue of $1.32 billion. Last year, the data-storage specialist reported a profit of 60 cents a share and revenue of $1.48 billion. Share volume was 1.2 million, compared to an all-day average of 4.1 million