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Investor's Business Daily·Wed, Aug 5, 9:16 PM

Western Digital Earnings Beat With 44% Sales Growth. But Stock Tumbles Late.

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

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Last$837.66
Day-0.91%
SymbolSTX

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