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Western Digital shares fall as margin outlook tempers strong Q4 results
Proactive12d agobearish
Western Digital shares fall as margin outlook tempers strong Q4 results

Western Digital Corp (NASDAQ:WDC) shares fell 11% Thursday after the data storage company reported fiscal fourth quarter results that beat Wall Street estimates, but its margin outlook fell short of the elevated expectations set by rival Seagate. Western Digital expects fiscal first quarter...

Why Is Western Digital Stock Sinking Thursday?
Benzinga12d agoneutral
Why Is Western Digital Stock Sinking Thursday?

Western Digital Corp. (NASDAQ:WDC) stock traded lower Thursday despite reporting fiscal fourth-quarter earnings and revenue that beat Wall Street estimates. Despite the earnings beat, Western Digital’s outlook fell short of elevated investor expectations, triggering a sector-wide pullback in AI memory and storage stocks. Peers including Seagate Technology Holdings plc (NASDAQ:STX) and Sandisk Corp. (NASDAQ:SNDK) also traded lower Thursday. Read Also: Bigger Earnings, Bigger Drop: The Sandisk Sel

Western Digital Stock Slumps After Earnings. Here Are The Numbers To Know.
Investor's Business Daily13d agobullish
Western Digital Stock Slumps After Earnings. Here Are The Numbers To Know.

Western Digital stock slid late Wednesday despite the hard-disk drive maker reporting fiscal fourth-quarter results ahead of estimates. Western Digital said its earnings climbed 109%, to $3.56 per share, for the June quarter. Western Digital and its rival Seagate Technology dominate the hard-disk drive market.

Seagate (STX) Heads To FMS 2026 With Its Tech Leaders In Focus
Simply Wall St.14d agoneutral
Seagate (STX) Heads To FMS 2026 With Its Tech Leaders In Focus

Seagate Technology Holdings is scheduled to present at the Future of Memory and Storage 2026 conference. Company technology leaders are featured speakers at the event, which focuses on memory and storage trends. The conference appearance gives Seagate an opportunity to outline its vision and upcoming technology focus areas. Seagate Technology Holdings, listed on NasdaqGS:STX, enters the FMS 2026 conference with a share price of $831.06 and very large gains over the past year. The stock is...