Western Digital Corp. Stock Rises 15.4%, Outperforms Peers

Dow Jones
07/31

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Western Digital Corp. surged 15.4% to $533.04 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.7% to 7,437.63 and the Dow Jones Industrial Average rising 1.2% to 52,208.06.

The stock's rise snapped a four-day losing streak.

Western Digital Corp. closed 33.4% short of its 52-week high of $799.87, which the company achieved on June 18th.

The stock outperformed some of its peers, as Seagate Technology Holdings PLC rose 11.4% to $851.68, NetApp Inc. rose 0.4% to $173.98, and Western Digital Corp. rose 15.37% to $533.04.

Trading volume totaled 8.2 million, compared to the 50-day average of 8.4 million.

Data source: Dow Jones Market Data, FactSet

 

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