DJ Western Digital Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Western Digital Corp. $(WDC)$ shed 6.17% to $59.62 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's third consecutive day of losses.
Western Digital Corp. closed $21.93 short of its 52-week high ($81.55), which the company achieved on June 18th.
The stock underperformed when compared to some of its competitors Thursday, as Seagate Technology Holdings PLC $(STX)$ fell 4.43% to $87.54 and NetApp Inc. $(NTAP)$ fell 1.49% to $116.58.
Trading volume (13.4 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 17:11 ET (22:11 GMT)
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