Western Digital Corp. Stock Falls 6.9%, Underperforms Market

Dow Jones10-17

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

Shares of Western Digital Corp. shed 6.9% to $332.00 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,659.44 and Dow Jones Industrial Average falling 0.3% to 52,002.41.

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

Western Digital Corp. closed 58.5% short of its 52-week high of $799.87, which the company reached on June 18th.

The stock demonstrated a mixed performance when compared to some of its peers, as Seagate Technology Holdings PLC fell 7.5% to $639.01, NetApp Inc. fell 5.1% to $203.80, and Western Digital Corp. fell 6.86% to $332.00.

Trading volume totaled 7.9 million, compared to the 50-day average of 7.9 million.

Data source: Dow Jones Market Data, FactSet

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