Western Digital shares are trading higher in sympathy with Seagate, which reported better-than-expected Q4 EPS results.
Portfolio Pulse from Bill Haddad
Western Digital's stock is trading higher in sympathy with Seagate, which reported better-than-expected Q4 EPS results.
July 27, 2023 | 2:49 pm
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Western Digital's stock is trading higher following Seagate's positive Q4 EPS results.
Western Digital's stock is trading higher due to the positive earnings report from Seagate. This is because both companies operate in the same industry and positive results from one company often lead to a rise in the stock prices of other companies in the same industry.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100