Western Digital (WDC) Stock on December 1, 2025: AI Storage Star Faces ESOP Dilution, Spin-Off Legacy and Lofty Analyst Targets
Western Digital shares traded near record highs at $163.54 on December 1, 2025, up over 200% year-to-date. The company filed for a US$1.11 billion ESOP share offering after spinning off its flash business as Sandisk and launching new AI-focused platforms. Investors are watching for possible dilution and shifts in capital allocation.