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Western Digital Sinks 6% as Toshiba's Drive Expansion Hits the Group; Seagate Drops 8%, Micron Holds Flat

Source: 247wallst.com

Company FundamentalsTechnology & InnovationMarket Technicals & Flows
Western Digital Sinks 6% as Toshiba's Drive Expansion Hits the Group; Seagate Drops 8%, Micron Holds Flat

Toshiba's plan to increase hard-disk-drive production is weighing on its two U.S.-listed rivals, while memory-chip stocks are unaffected. Western Digital is down 6% to $414; the article provides no further details on the other rival or the plan.

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