Western Digital Corp. Stock Rises Wednesday, Still Underperforms Market

Evans Bancorp Inc

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Financials : Banks | Small Cap Value

Company profile

Evans Bancorp, Inc. is a financial holding company. The Company conducts its business through its subsidiaries, such as Evans Bank, N.A. (the Bank), which provides a range of banking services to consumer and commercial customers in Western New York and the Finger Lakes Region, and Evans National Financial Services, LLC (ENFS), which hold interests in The Evans Agency, LLC (TEA), which sells various premium-based insurance policies on a commission basis. Its segments include banking activities and insurance agency activities. The banking activities segment includes both commercial and consumer banking services, including a range of lending and depository services as well as offering non-deposit investment products, such as annuities and mutual funds. The insurance agency activities segment includes the activities of selling various premium-based insurance policies on a commission basis, including business and personal insurance, employee benefits, surety bonds, and risk management.

Western Digital Corp. Stock Rises Wednesday, Still Underperforms Market

5:31 pm ET December 15, 2021 (MarketWatch) Print

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

Shares of Western Digital Corp. (WDC) rose 1.29% to $56.35 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.63% to 4,709.85 and the Dow Jones Industrial Average rising 1.08% to 35,927.43. The stock's rise snapped a two-day losing streak. Western Digital Corp. closed $21.84 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 Wednesday, as HP Inc. (HPQ) rose 1.85% to $36.26, Seagate Technology Holdings PLC (STX) rose 2.04% to $104.53, and NetApp Inc. (NTAP) rose 2.14% to $88.70. Trading volume (3.3 M) remained 486,588 below its 50-day average volume of 3.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 15, 2021.

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(END) Dow Jones Newswires

December 15, 2021 17:31 ET (22:31 GMT)