Western Digital stock jumps late as Seagate outlook keeps storage trade hot ahead of WDC earnings
Western Digital shares jumped 4.9% to $252.66 in after-hours trading Tuesday, with volume nearing 7.5 million. The move followed Seagate’s strong earnings and new leveraged ETF launches tied to Western Digital. Cantor Fitzgerald raised its price target to $300. The company reports earnings Thursday after the close.