WDC is trading at $265.98 (+6.13%) as the stock recovers from a sharp sell-off triggered by escalating geopolitical tensions and global risk-off sentiment.
- The surge reverses yesterday's close of $250.61 (-7.21%), which followed U.S.-Israel operations against Iran and the reported closure of the Strait of Hormuz.
- While no company-specific news was found, the recovery is supported by a broader market stabilization, including a 0.61% rise in the NASDAQ and a rally in the cryptocurrency sector.
- The bounce-back comes after a volatile session on March 3 that saw the S&P 500 drop 1.54% amid heightened regional instability.