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Why Western Digital Stock Is Tumbling Despite A Big Earnings Beat
2 outlets - including Marketbeat and Investors - are covering this story. Western Digital beat earnings, revenue, and guidance estimates on strong AI-driven cloud demand and expanding margins, yet shares fell 12% as lofty expectations weighed on the stock.
Covered by 2 outlets
All coverage · 2 articles
MarketBeat
·18h ago
Western Digital Stock Falls 12% Despite Beating Earnings Estimates
Western Digital beat earnings, revenue, and guidance estimates on strong AI-driven cloud demand and expanding margins, yet shares fell 12% as lofty expectations weighed on the stock.
Yahoo Finance News
·Aug 6, 12:52 UTC