Western Digital Corp. Stock Sheds 10.6%, Underperforms Competitors

Dow Jones
05 Apr

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

Shares of Western Digital Corp. plunged 10.6% to $30.54 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 6.0% to 5,074.08 and Dow Jones Industrial Average falling 5.5% to 38,314.86.

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

Western Digital Corp. closed 42.0% short of its 52-week high of $52.67, which the company reached on February 24th.

The stock underperformed when compared to some of its competitors, as Seagate Technology Holdings PLC fell 6.7% to $66.73, NetApp Inc. fell 6.2% to $76.10, and Western Digital Corp. fell 10.57% to $30.54.

Trading volume totaled 22.9 million, compared to the 50-day average of 8.0 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

April 04, 2025 16:35 ET (20:35 GMT)

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