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Why Western Digital and Seagate stocks are rebounding on Monday?

Source: invezz.com

Technology & InnovationCompany Fundamentals
Why Western Digital and Seagate stocks are rebounding on Monday?

Western Digital shares rose 6.8% and Seagate Technology gained 5.9% in Monday afternoon trading as analysts assessed the potential impact of Toshiba’s plans to expand HDD production. The article does not report analysts’ conclusions or quantify the expected effect of Toshiba’s plans.

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