Western Digital Corp shares are trading lower following a Nikkei report suggesting SK Hynix opposes the Japanese chipmaker's deal with Kioxia Holdings.
Portfolio Pulse from Benzinga Newsdesk
Western Digital Corp's shares are trading lower due to a report by Nikkei that suggests SK Hynix opposes the chipmaker's deal with Kioxia Holdings.
October 17, 2023 | 7:14 pm
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NEGATIVE IMPACT
Western Digital Corp's stock price is negatively impacted by the opposition from SK Hynix to its deal with Kioxia Holdings.
The opposition from SK Hynix to Western Digital's deal with Kioxia Holdings is causing uncertainty among investors, leading to a drop in Western Digital's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100