Western Digital Corp. Stock Falls Monday, Underperforms Market
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Shares of Western Digital Corp. (WDC) shed 3.70% to $55.73 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.91% to 4,668.97 and Dow Jones Industrial Average falling 0.89% to 35,650.95. Western Digital Corp. closed $22.46 short of its 52-week high ($78.19), which the company reached on June 4th.
The stock underperformed when compared to some of its competitors Monday, as HP Inc. (HPQ) fell 3.16% to $35.28, Seagate Technology Holdings PLC (STX) fell 2.15% to $101.68, and NetApp Inc. (NTAP) fell 2.38% to $87.19. Trading volume (4.1 M) eclipsed its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 13, 2021.
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(END) Dow Jones Newswires
December 13, 2021 17:31 ET (22:31 GMT)
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