This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Western Digital Corp. slipped 5.6% to $49.02 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 43,461.21 and the S&P 500 Index falling 0.5% to 5,983.25.
This was the stock's fourth consecutive day of losses.
Western Digital Corp. closed 20.5% below its 52-week high of $61.63, which the company reached on June 18th.
The stock underperformed when compared to some of its competitors, as Seagate Technology Holdings PLC fell 0.8% to $100.08, NetApp Inc. fell 0.8% to $123.50, and Western Digital Corp. fell 5.58% to $49.02.
Trading volume totaled 17.8 million, compared to the 50-day average of 6.3 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 24, 2025 16:34 ET (21:34 GMT)
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