🔴 WDC is trading 6% down today after yesterday's 17% surge on AI demand and analyst upgrades

WDC is trading at $206.60 (-5.83%) as the stock experiences likely profit-taking following yesterday's sharp rally.

• The current drop follows a significant surge, with the stock closing yesterday at $219.38 (+16.77%).
• The prior rally was driven by surging AI/cloud storage demand and the company's recent Nasdaq-100 inclusion.
• Price targets were recently hiked by Cantor Fitzgerald to $250 and Morgan Stanley to $228.