Western Digital stock slides after CES-fueled rally; WDC shares swing in U.S. trade
Western Digital shares dropped 7.9% to $201.99 by late Wednesday morning, reversing a 17% surge after Nvidia’s CES remarks on new AI storage technology. The stock had hit a record $219.38 Tuesday alongside gains in SanDisk, Seagate, and Micron. Investors now await Friday’s U.S. jobs report and Western Digital’s earnings update in early February.