The Ratings Game: Western Digital stock logs best week in nearly 7 years because of this bad-news-is-good-news twist [MarketWatch]
Western Digital Corporation (WDC)
Last western digital corporation earnings: 4/30 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.wdc.com
Company Research
Source: MarketWatch
Western Digital stock logs best week in nearly 7 years because of this bad-news-is-good-news twist Western Digital Corp. shares logged their best weekly gain in nearly seven years Friday as investors considered a power outage at one of the digital storage device maker’s flash memory production facilities to be good news given the glut in memory chip inventories. Western Digital WDC, +6.73% shares rose 6.7% to close at $47.55 Friday after touching an intraday high of $47.60. The weekly gain of nearly 19% is the stock’s best weekly performance since ending July 27, 2012, when shares gained more than 24%. In comparison, both the S&P 500 index SPX, +0.58% and the Nasdaq Composite Index COMP, +0.48% shed about 0.3% over the week. Shares of Western Digital and other chip-related companies gained momentum Wednesday following the release of Micron Technology Inc. MU, +1.37% earnings. Micron had said they were trimming capital expenditures for production to help normalize a glut in
Show less
Read more
Impact Snapshot
Event Time:
WDC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WDC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WDC alerts
High impacting Western Digital Corporation news events
Weekly update
A roundup of the hottest topics
WDC
News
- Senior Technology Sales Executive to Take Sales to the Next Level for Chief Outsiders Clients [Yahoo! Finance]Yahoo! Finance
- WD's 1TB Xbox Series X/S expansion card is down to a record low $100 [Verge, The]Verge, The
- JEDEC Announces Enhanced NAND Flash Interface Standard With Increased Speeds and Efficiency [Yahoo! Finance]Yahoo! Finance
- What Does Western Digital Corporation's (NASDAQ:WDC) Share Price Indicate? [Yahoo! Finance]Yahoo! Finance
- UAE External Hard Drive Market Forecast Report, 2024-2029: Smart City Vision and Growing Tech Sector Fuel Dubai's Expanding Market for High-Performance External Hard Drives [Yahoo! Finance]Yahoo! Finance
WDC
Earnings
- 10/24/24 - Beat
WDC
Sec Filings
- 11/18/24 - Form 4
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- WDC's page on the SEC website