NetApp Rising On Heavy Volume (NTAP)

Shares of NetApp NTAP are rising on heavy volume today. The stock has gained 2.83% to $39.61. More than 5.22 million shares have traded hands in the first few hours of trading. Buying pressure has been sustained throughout the session, and the stock is currently hitting intra-day highs. NTAP has surged 18.2% in the last month after reporting strong earnings and issuing above consensus guidance on May 26. NetApp, Inc. (NTAP) is a provider of storage and data management solutions. The Company offers solutions for storing, managing, protecting and archiving business data. The Company is engaged in the design, manufacturing, marketing and technical support of networked storage solutions.