Western Digital Corp
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Information Technology : Technology Hardware, Storage & Peripherals | Mid Cap Value
Company profile

Western Digital Corporation (Western Digital) is a developer, manufacturer and provider of data storage devices and solutions that address the needs of the information technology (IT) industry and the infrastructure that enables the proliferation of data in virtually every industry. The Company's portfolio of offerings addresses three categories: Datacenter Devices and Solutions (capacity and performance enterprise hard disk drives (HDDs), enterprise solid state drives (SSDs), datacenter software and system solutions); Client Devices (mobile, desktop, gaming and digital video hard drives, client SSDs, embedded products and wafers), and Client Solutions (removable products, hard drive content solutions and flash content solutions). The Company develops and manufactures a portion of the recording heads and magnetic media used in its hard drive products.

Postmarket

Last Trade
Delayed
$44.98
0.10 (0.22%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$44.88
Day's Change
-0.97 (-2.12%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
46.54
Day's Low
44.74
Volume
(Heavy Day)
Volume:
4,833,715

10-day average volume:
3,896,748
4,833,715

Tesla's stock in danger of extending longest losing streak in 7 months ahead of earnings

9:14 am ET October 21, 2020 (MarketWatch)
Print

Shares of Tesla Inc. (TSLA) edged 0.2% lower in premarket trading Wednesday, putting them on track to extend their longest losing streak in seven months ahead of the electric vehicle maker's earnings report (http://www.marketwatch.com/story/tesla-earnings-investors-are-asking-if-2020-sales-guidance-is-intact-11602865534). The stock 2.1% on Tuesday, not only the fourth-straight loss, but the fourth-straight loss of at least 2%. The stock has dropped 8.5% during its losing streak, which is the longest since the six-day stretch of losses ended March 18. Tesla is scheduled to report third-quarter results after the closing bell, with analysts surveyed by FactSet expecting, on average, earnings of 57 cents a share and revenue of $8.28 billion. The stock had dropped 5.0% the day after Tesla reported second-quarter results, even though the company beat profit and revenue expectations; in the five days leading up to those results, the stock had gained 3.0%. Tesla's stock has soared more than fivefold (up 404.3%) year to date through Tuesday, while the S&P 500 has gained 6.6%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

October 21, 2020 09:14 ET (13:14 GMT)

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