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Western Digital (WDC) Stock Trades Up, Here Is Why

Shares of leading data storage manufacturer Western Digital (NASDAQ: WDC) jumped 14.8% in the pre-market session after the company reported first-quarter results that blew past analysts' EPS expectations, driven by strong outperformance in its flash memory division. We were also glad its inventory levels shrunk. On the other hand, its operating margin fell, and its gross margin shrunk. Aside from the earnings print, Western Digital said it would separate its HDD and flash memory businesses ...
Western Digital Kioxia Holdings Corp What Happened Elliot Management Kioxia Holdings Flash Memory
Source: yahoo.com

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