Western Digital stock bounces as Fidelity discloses 10.1% stake; eyes turn to Jan. 22 earnings
Western Digital shares rose 1.7% to $190.87 by midday Friday after a filing showed FMR LLC held 10.1% of the company as of Dec. 31. The stock rebounded with other storage names following a sharp drop Thursday. Investors are watching for Western Digital’s earnings report on Jan. 22.