DJ Western Digital Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Western Digital Corp. $(WDC)$ advanced 2.78% to $37.70 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.67% to 5,375.86 and the Dow Jones Industrial Average rising 1.07% to 39,606.57.
This was the stock's second consecutive day of gains.
Western Digital Corp. closed 38.82% short of its 52-week high of $61.62, which the company achieved on June 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Seagate Technology Holdings PLC $(STX)$ rose 3.62% to $78.09 and NetApp Inc. $(NTAP)$ rose 2.95% to $84.88.
Trading volume (5.5 M) remained 3.6 million below its 50-day average volume of 9.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2025.
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April 23, 2025 17:14 ET (21:14 GMT)
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