🔴 Western Digital is trading 4.46% down today on memory-chip selloff and analyst downgrade

Western Digital is trading at $480.91 (-4.46%) as memory-chip stocks sell off and investors rotate out of overheated AI-memory names.

• The decline follows broad weakness among DRAM peers and a sector-wide pullback tied to profit-taking and concerns regarding competition from China.
• Fox Advisors recently downgraded the stock, adding specific downward pressure on top of the broader industry retreat.