Western Digital stock sinks after CES-fueled rally cools; WDC traders eye jobs data next
Western Digital shares fell 8.9% to $199.88 in after-hours trading Wednesday, reversing part of Tuesday’s 17% surge following Nvidia’s AI hardware announcements at CES. Seagate dropped 6.7%, while SanDisk edged up 1.2%. Investors shifted focus to Friday’s U.S. jobs report and upcoming tech earnings for signals on capital spending.