Western Digital Shares Drop Despite Strong Q3 Beat
report man chart 2 Western Digital Corporation (NASDAQ:WDC) reported fiscal third-quarter results that exceeded Wall Street expectations, but its shares fell more than 7% in premarket trading on Friday. The stock had closed 5.27% higher on Thursday and had surged over 60% over the past month, driven by growing investor optimism. Elevated Expectations Weigh on Market Reaction With data storage stocks rallying on the back of AI-driven demand and tighter supply conditions, expectations heading into the ...