WDC is trading at 2.9% down now at $194.11 after a sharp two-day reversal, driven by continued profit-taking and consolidation following a significant AI- and memory-cycle-driven run-up.
- The recent volatility included a 17% surge on January 6, 2026, immediately followed by an 8.9% drop on January 7, 2026.
- There are no fresh company-specific headlines this morning; the move appears to be technical consolidation.
- The selling is occurring against a slightly weaker broader market backdrop.