Why Western Digital Stock Rose 10.6% in November

·2 min read
Why Western Digital Stock Rose 10.6% in November

Shares of Western Digital (NASDAQ: WDC) rose 10.6% in November, according to data from S&P Global Market Intelligence. The company is one of just a handful of producers of hard-disk drives and NAND flash storage modules. Bucking the negative November trend in tech stocks, Western Digital rose after an analyst became more optimistic on memory demand heading into next year.

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