Western Digital Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Western Digital Corp. (WDC) slid 1.15% to $65.37 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.30% to 4,778.73 and Dow Jones Industrial Average falling 0.25% to 36,398.08. The stock's fall snapped a six-day winning streak. Western Digital Corp. closed $12.82 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 Thursday, as HP Inc. (HPQ) fell 0.61% to $37.75, Seagate Technology Holdings PLC (STX) fell 1.06% to $113.78, and NetApp Inc. (NTAP) fell 1.60% to $91.69. Trading volume (2.2 M) remained 1.7 million below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2021.
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December 30, 2021 17:30 ET (22:30 GMT)
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