WDC is trading at $260.61 (-3.27%) today, extending yesterday's -7.18% drop as macro headwinds and tech sector pressure weigh on the stock.

  • The decline aligns with a 1.68% drop in the NASDAQ fueled by recession fears, weak jobless claims, and concerns over Alphabet's AI capital expenditure.
  • Recent positive catalysts, including a $4B buyback and analyst upgrades, have failed to stem the decline amid broad risk-off sentiment.
  • There is no company-specific news today; a CEO insider sale on February 2 was executed under a pre-planned Rule 10b5-1.