Stocks to Watch: Western Digital, Sandisk, AppLovin, Honeywell Aerospace
Dow Jones
14 hours ago
Western Digital reported a more than elevenfold increase in its profit as revenue rose 44%. Shares fell 11%, to $463.80, in after-hours trading Wednesday.
Sandisk's fourth-quarter revenue surged nearly fivefold, but the company guided for first-quarter revenue below analyst expectations. The stock slipped 6.1%, to $1,268.82, after the bell.
AppLovin reported second-quarter sales below analyst expectations and issued a soft third-quarter outlook. The stock plunged 17%, to $348.03.
Honeywell Aerospace cut its full-year outlook, citing supply constraints that weighed on second-quarter sales. Shares were down 11%, to $182.00.
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