Western Digital Jumps 6.4% on Analyst Support for AI Storage Demand
Western Digital (WDC) shares surged 6.4% to $441.885, recovering some of Friday's losses. Analysts from Morgan Stanley and Melius Research recommended buying the dip, citing strong demand for AI-related storage.
m. ET Monday, recovering part of Friday's 10% decline. Barron's reported that Morgan Stanley and Melius Research said investors should buy the dip, citing AI-storage demand.