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WDC / Western Digital Struggles With Short-Term Headwinds

Western Digital Corporation is an under-covered data storage device manufacturer that benefits from long-term trends in data storage technology. Despite the strong long-term trends, the company has some short-term headwinds, including low demand in all of its three end markets. Combined with known unknowns such as the Kioxia merger, this is a name to stay away from. Therefore, WDC stock gets a "Hold" rating. Read More

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Western

Digital

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Short

Term

Headwinds

Short term

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WDC

Posted: Sep 7 2023, 03:01

Author Name: Seeking Alpha

WDC News

By Zacks Investment Research
October 31, 2023

Western Digital (WDC) to Separate HDD and Flash Businesses

Western Digital (WDC) plans to divide its HDD and Flash businesses to drive innovation and generate significant value for its shareholders.

By Investopedia
October 30, 2023

S&P 500 Gains and Losses Today: Western Digital Shares Soar Amid Spinoff Plan

U.S. equities roared back from last week's selloff, posting gains on Monday ahead of more big earnings releases as well as this week's Fed meeting and

By The Motley Fool
October 30, 2023

Why Western Digital Stock Popped Today

Western Digital announced better-than-feared fiscal first-quarter results today. The digital storage solutions specialist also announced plans to spin

By Investopedia
October 30, 2023

Western Digital Shares Soar as Company Splits Off Flash Memory Business

Shares of Western Digital Corp. (WDC) surged more than 10% in early trading Monday before giving back some gains after the computer hard drive manufac

By Seeking Alpha
October 30, 2023

Western Digital Corporation (WDC) Q1 2024 Earnings Call Transcript

Western Digital Corporation (NASDAQ:WDC ) Q1 2024 Earnings Conference Call October 30, 2023 8:30 AM ET Company Participants Peter Andrew - Vice Presid

By InvestorPlace
October 30, 2023

WDC Stock Alert: Western Digital Will Split Into 2 Companies

Western Digital (NASDAQ: WDC ) stock is in the news Monday as investors react to the data storage company announcing plans to split into two businesse

By Proactive Investors
October 30, 2023

Western Digital stock rallies as it opts for a flash spin-out

Western Digital Corp (NYSE:WDC) shares started Monday strongly as quarterly financials exceeded market forecasts and the memory maker told investors i

By Barrons
October 30, 2023

Western Digital to Separate Flash-Memory Business. The Stock Is Rising.

Western Digital stock surged on Monday after it said it intends to split its disk-drive and flash memory businesses into two independent companies.

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