Shares of Western Digital Corporation (WDC) Sees Large Inflow of Net Money Flow

Western Digital Corporation (WDC) : $4.48 million worth of transactions were on upticks in Western Digital Corporation (WDC), compared to $3.1 million on downticks. The ratio between the two was 1.45, whereas, the net money flow stood at a healthy $1.38 million on Mondays session. The consistent buying on upticks in the stock accounted for $1.28million worth of trades. The total money flow into the stock stood at $1.28 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.08%. The stock was trading at $51.62, with a drop of $0.04 over the previous days close. The stock recorded 4.6% for the week.


Western Digital Corporation is up 28.49% in the last 3-month period. Year-to-Date the stock performance stands at -11.29%. Shares of Western Digital Corporation rose by 5.34% in the last five trading days and 13.57% for the last 4 weeks. In a related news, Milligan Stephen D, CEO of Western Digital Corp, had purchased 22,500 shares on May 31, 2016. The total value of the transaction was $1,024,425. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Western Digital Corporation (NASDAQ:WDC): stock turned positive on Monday. Though the stock opened at $51.66, the bulls momentum made the stock top out at $52.16 level for the day. The stock recorded a low of $51.15 and closed the trading day at $52.12, in the green by 0.89%. The total traded volume for the day was 2,953,540. The stock had closed at $51.66 in the previous days trading.

Western Digital Corporation, is a data storage solutions company. The Company is a developer, manufacturer and provider of data storage solutions that enable consumers, businesses, governments and other organizations to create, manage, experience and preserve digital content. The Companys Technology product includes: Hard Disk Drives and Solid-State Drives. Hard Disk Drives, provide non-volatile data storage. Solid-State Drives, are semiconductor and non-volatile media. The Company offers solutions including: Enterprise Storage Solutions, Client Desktop and Notebook PCs, Branded Product Solutions, Consumer Electronics Solutions. The Companys products are marketed under the HGST, WD and G-Technology brand names.

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