Western Digital Stock Has Fallen 1.5% in 2018 YTD
Western Digital (WDC) stock generated returns of -1.5% in the first half of 2018. WDC beat earnings estimates in the fiscal third quarter1 by 10.0% and by 4.2% in the fiscal second quarter. WDC stock has declined ~9.0% after its fiscal third-quarter results, which noted that the company’s guidance for fiscal 2018 wasn’t in line with analysts’ and investors’ expectations.