DJ Western Digital Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Western Digital Corp. $(WDC)$ rallied 2.33% to $72.60 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.03% to 5,180.74 and the Dow Jones Industrial Average rising 0.46% to 38,852.27.
This was the stock's second consecutive day of gains.
Western Digital Corp. closed $4.32 short of its 52-week high ($76.92), which the company achieved on April 8th.
The stock underperformed when compared to some of its competitors Monday, as Seagate Technology Holdings PLC $(STX)$ rose 2.69% to $89.85 and NetApp Inc. $(NTAP)$ rose 3.16% to $107.95.
Trading volume (6.5 M) remained 666,929 below its 50-day average volume of 7.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2024.
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(END) Dow Jones Newswires
May 06, 2024 17:07 ET (21:07 GMT)
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