SUNNYVALE (dpa-AFX) - Extending a recent upward trend, electronic storage stocks have shown a strong move to the upside during trading on Thursday. The NYSE Arca Disk Drive Index has surged up by 2.4 percent to its highest intraday level in a year.
NetApp (NTAP) has helped to lead the storage sector higher, jumping by 7.2 percent after reporting better than expected second quarter earnings and providing upbeat guidance.
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