Western Digital downgraded to Hold following Micron guidance: Benchmark

Western Digital headquarters in San Jose, California, USA

JHVEPhoto/iStock Editorial via Getty Images

Western Digital (NASDAQ:WDC) was downgraded to Hold from Buy by Benchmark following weaker-than-expected second quarter fiscal 2025 guidance by competitor Micron Technology (NASDAQ:MU) on Wednesday.

Western Digital shares were down 4% near noon trading on Thursday.

“We see a growing number of

Leave a Reply

Your email address will not be published. Required fields are marked *