Western Digital Corp. Stock Slips 6.9%, Underperforms Market

Dow Jones
07/29

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

Shares of Western Digital Corp. slid 6.9% to $463.51 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,428.78 and the Dow Jones Industrial Average rising 1.0% to 52,747.32.

This was the stock's third consecutive day of losses.

Western Digital Corp. closed 42.1% below its 52-week high of $799.87, which the company reached on June 18th.

The stock demonstrated a mixed performance when compared to some of its peers, as Seagate Technology Holdings PLC fell 8.5% to $747.30, NetApp Inc. rose 2.8% to $174.53, and Western Digital Corp. fell 6.91% to $463.51.

Trading volume totaled 10.2 million, compared to the 50-day average of 8.3 million.

Data source: Dow Jones Market Data, FactSet

 

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