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Penserra Capital Management LLC lowered its position in Western Digital Co. (NASDAQ:WDC – Free Report) by 94.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,643 shares of the data storage provider’s stock after selling 64,284 shares during the period. Penserra […]
The Goldman Sachs Group upgraded shares of Western Digital (NASDAQ:WDC – Free Report) from a sell rating to a neutral rating in a research report report published on Tuesday, Marketbeat Ratings reports. The Goldman Sachs Group currently has $48.00 target price on the data storage provider’s stock, up from their previous target price of $31.00. […]
The Nasdaq 100 closed higher by over 50 points on Monday. Investors, meanwhile, focused on some notable insider trades.
Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it's agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. It's likely not the exit Uplift was hoping for -- and a sign of serious consolidation in the BNPL space, which just a few years ago was booming, buoyed by pandemic-era spending habits. Uplift had raised nearly $700 million in equity and debt, securing $123 million at a reported $195 million valuation in its Series C round alone.
Samsung to develop next-generation storage technology with Western Digital