Western Digital shares dropped -2.84% on January 23, closing at $236.39, as the broader semiconductor sector faced pressure following weak guidance issued by Intel.
- Earnings are scheduled for January 29, with analysts expecting an EPS of $1.93, representing a +9.04% year-over-year increase.
- The stock has shown strong recent momentum, gaining 35.49% over the past month, and currently holds a Zacks Rank #1 (Strong Buy).