Western Digital Corp. Stock Sheds 6.2%, Underperforms Market

Dow Jones
07 Mar

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

Shares of Western Digital Corp. slid 6.2% to $41.45 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.8% to 5,738.52 and Dow Jones Industrial Average falling 1.0% to 42,579.08.

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

Western Digital Corp. closed 32.7% short of its 52-week high of $61.63, which the company achieved on June 18th.

The stock demonstrated a mixed performance when compared to some of its competitors, as Seagate Technology Holdings PLC fell 6.3% to $86.64, NetApp Inc. fell 3.2% to $91.86, and Western Digital Corp. fell 6.22% to $41.45.

Trading volume totaled 11.8 million, compared to the 50-day average of 7.2 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 06, 2025 16:35 ET (21:35 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10