So what: NetApp announced some organizational changes within its finance department at the beginning of January. The company said it would flatten and streamline the structure of the company's organizational hierarchy, leading to greater efficiency.
NetApp Inc. (NASDAQ:NTAP) shares tumbled nearly 10 percent Wednesday in after-hours trading after the data storage equipment maker announced it plans to lay off around 500 employees globally, or roughly 5 percent of its workforce, as part of a ...
With the announced purchase of SolidFire, NetApp (NASDAQ:NTAP) hit another multi-year low. My investment thesis for a while was that the cheap valuation and strong balance sheet overrode the weak product lineup.
NetApp logo Capstone Asset Management Company increased its position in shares of NetApp Inc. (NASDAQ:NTAP) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.