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Western Digital Corp. stock underperforms Wednesday when compared to competitors despite daily gains

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Terrence Horan

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Shares of Western Digital Corp. WDC, +0.78% rallied 1.25% to $58.26 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.15% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, +0.10% rising 0.68% to 34,814.39. Western Digital Corp. closed $19.93 short of its 52-week high ($78.19), which the company reached on June 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as HP Inc. HPQ, -0.32% rose 1.42% to $27.95, Seagate Technology Holdings PLC STX, +1.22% rose 1.96% to $84.35, and NetApp Inc. NTAP, +0.93% rose 1.20% to $93.30. Trading volume (3.9 M) remained 316,355 below its 50-day average volume of 4.2 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.