WDC - Western Digital Stock Is Tumbling Thursday: What's Going On? | Benzinga
Western Digital Corp (NYSE: WDC) shares are moving sharply lower Thursday following reports the company scrapped merger talks with Japan's Kioxia Holdings.
What Happened: According to a Nikkei Asia report, Western Digital ended talks with Kioxia regarding a potential merger after failing to secure approval from certain Kioxia shareholders.
The report indicates the two companies were wanting to strike a deal by the end ...