Western Digital Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Western Digital Corp. (WDC) inched 0.94% higher to $57.87 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.95% to 4,712.02 and the Dow Jones Industrial Average rising 0.60% to 35,970.99. The stock's rise snapped a two-day losing streak. Western Digital Corp. closed $20.32 below its 52-week high ($78.19), which the company reached on June 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as HP Inc. (HPQ) rose 0.77% to $36.43, Seagate Technology Holdings PLC (STX) rose 0.95% to $103.91, and NetApp Inc. (NTAP) rose 0.01% to $89.32. Trading volume (2.3 M) remained 1.4 million below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 10, 2021.
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December 10, 2021 17:30 ET (22:30 GMT)
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