Western Digital Shares Rise 4.8% as Investors Return to Beaten-Down Stocks
Western Digital shares rose 4.8% in morning trading. The move followed a technology retreat the previous week; the report also cites an analyst upgrade for Intel.
What Happened? Shares of leading data storage manufacturer Western Digital NASDAQ:WDC jumped 4.8% in the morning session after investors cautiously returned to beaten-down stocks following the previous week's technology retreat, helped by an analyst upgrade for Intel.The recovery follows a 4.5% tum…