WDC News and Press, Western Digital Corporation From 05/03/22

Shares of Western Digital (NASDAQ: WDC) jumped 14.5% on Tuesday after Elliott Investment Management sent a letter to the tech giant's board of directors urging it to conduct a strategic review of its operations. Western Digital operates two largely distinct businesses. One i...

An uncertain session ended with modest gains on Tuesday, as investors prepared for a high-profile Federal Reserve announcement the following day. The S&P 500 gained about 0.5% on the day. While the broader market edged higher, travel stocks suffered a setback. A cautious outlook from Hilt...

The stock market made further advances on Tuesday afternoon, adding to modest gains from Monday. As of 1:15 p.m. ET today, the Nasdaq Composite (NASDAQINDEX: ^IXIC) was higher by about two-thirds of a percent, clawing back some ground after extensive losses in April. Within the ...

Gainers: Sonoma Pharmaceuticals (SNOA) +29%. Blue Water Vaccines (BWV) +32%. XORTX Therapeutics (XRTX) +27%. Eqonex  (EQOS) +21%. TETRA Technologies (TTI) +20%. Enovix (ENVX) +18%. JAKKS Pacific (JAKK) +18%. Blue Apron Holdings (APRN) +17%. Borr Drilling (BORR) +16%. Western Digital Corp...

Updated 11:35am: Updates shares, adds Western Digital response. Western Digital jumped 15% after activist Elliott Management disclosed a $1 billion, or 6% stake, and called for the company to separate its hard disk drives and NAND flash memory businesses. By separating the businesses, El...

Western Digital Corp. (“Western Digital”) (NASDAQ: WDC) today issued the following statement regarding a letter sent by Elliott Management to Western Digital’s Board of Directors: “Western Digital maintains an ongoing dialogue with our shareholders and va...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Western Digital (NASDAQ: WDC ) are up over 10% today after Elliott Management penned a 13-page letter to the company’s board proposing a company split. Elliott has a roughly $1 billion stake in WD...

Stock Market Today Mid-Morning Updates On Tuesday, the Dow Jones Industrial Average is up by 12 points as investors are waiting for insight on what the next set of moves by the Federal Reserve will be. The Fed will end its two-day meeting on Wednesday. Many analysts say that a 5...

Western Digital jumped almost 10% in premarket trading after activist Elliott Management disclosed a $1 billion stake and called for the company to separate its hard disk drives and NAND flash memory businesses. By separating the businesses, Elliott believes Western Digital (NASDAQ:WDC) ...

Elliott Investment Management Sends Letter to the Board of Western Digital Corporation PR Newswire Calls for Full Strategic Review, Separation of Flash Business Sees $100+ per Share by 2023, ~100% Potential Upside Offers $1+ Billion of Incremental Equit...