Tiger Brokers

Western Digital Corp. Stock Sheds 5.4%, Underperforms Peers

Dow Jones
17 hours ago

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

Shares of Western Digital Corp. shed 5.4% to $519.17 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.5% to 54,349.12 and the S&P 500 Index falling 0.2% to 7,723.55.

Western Digital Corp. closed 35.1% below its 52-week high of $799.87, which the company reached on June 18th.

The stock underperformed when compared to some of its peers, as Seagate Technology Holdings PLC fell 0.9% to $837.66, NetApp Inc. fell 2.0% to $186.60, and Western Digital Corp. fell 5.36% to $519.17.

Trading volume totaled 8.8 million, compared to the 50-day average of 8.6 million.

Data source: Dow Jones Market Data, FactSet

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