On July 24, Western Digital fell 4.46% in regular trading, trading at 541.72 USD/share, with turnover of $186 million, as the storage sector weakened in tandem with the broader technology sell-off.

On the news front, US tech stocks suffered a broad-based rout, with the Nasdaq closing down 2.15% and the Magnificent Seven index plunging 4.8%, erasing nearly $800 billion in market capitalization in a single session. Market funds rotated aggressively out of high-momentum sectors including AI hardware and storage chips, triggering concentrated profit-taking. Western Digital had rallied significantly over July 21-23, driven by strong AI infrastructure demand and multiple analyst target price upgrades, and gave back a portion of those gains amid the broader market pressure.

Among sector peers, SanDisk fell 3.55%, Seagate Technology declined 3.0%, and Super Micro Computer slipped 0.93%, reflecting broad-based selling pressure across the storage and hardware space.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)