Western Digital Stock Drops Tuesday: Here's Why
Western Digital Corp (NASDAQ:WDC) shares are trading lower Tuesday along with other memory and storage stocks after reports that Seagate is competing with Toshiba to buy TDK's hard-drive magnetic heads business.
Western Digital's stock fell Tuesday because a competitor might buy a parts business. This shows the storage market is getting more competitive and uncertain.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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