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Barchart
Barchart
Aanchal Sugandh

Is Western Digital Stock Underperforming the Nasdaq?

Western Digital WDC

Western Digital Corporation (WDC) is a data storage technology company that develops, manufactures, and sells hard disk drive (HDD)-based storage products and solutions. Its portfolio spans internal and data-center drives, external and portable storage, network-attached storage (NAS) devices, and related accessories.

The San Jose, California-based firm also collaborates on quantum error-correction technology to advance reliable quantum computing. Such a substantial operating footprint has helped the firm reach a market cap of nearly $147.2 billion, placing it above the $10 billion threshold used to define large-cap stocks.

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