DJ Western Digital Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Western Digital Corp. $(WDC)$ shed 2.22% to $63.84 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
The stock's fall snapped a two-day winning streak.
Western Digital Corp. closed $17.71 below its 52-week high ($81.55), which the company achieved on June 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Seagate Technology Holdings PLC $(STX)$ rose 0.22% to $98.02 and NetApp Inc. $(NTAP)$ rose 1.02% to $123.45.
Trading volume (3.8 M) remained 1.1 million below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 17:08 ET (22:08 GMT)
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