Stock Track | Western Digital Plummets 5.08% Intraday Amid Broad Storage Sector Selloff Triggered by SK Hynix Downgrade

Stock Track07-15

Western Digital's stock plummeted 5.08% during intraday trading on Wednesday, extending losses in the storage semiconductor sector.

The decline is part of a broader selloff in U.S.-listed storage stocks, led by a significant drop in SK Hynix. The sector has faced heightened volatility since a Korean brokerage downgraded SK Hynix's second-quarter earnings estimates below market consensus, triggering a global retreat from storage names. Furthermore, investor concerns about capital being diverted from existing U.S. storage stocks have been renewed following the recent Nasdaq debut of SK Hynix's ADR.

This downward pressure continues despite recent supportive analyst commentary on the industry's fundamentals and multiple investment banks having raised their price targets for Western Digital.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1161710413?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-15 22:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1161710413","market":"sg","top_or_hot":-1,"title":"Stock Track | Western Digital Plummets 5.08% Intraday Amid Broad Storage Sector Selloff Triggered by SK Hynix Downgrade","media":"Stock Track","content":"<p>Western Digital's stock plummeted 5.08% during intraday trading on Wednesday, extending losses in the storage semiconductor sector.</p><p>The decline is part of a broader selloff in U.S.-listed storage stocks, led by a significant drop in SK Hynix. The sector has faced heightened volatility since a Korean brokerage downgraded SK Hynix's second-quarter earnings estimates below market consensus, triggering a global retreat from storage names. Furthermore, investor concerns about capital being diverted from existing U.S. storage stocks have been renewed following the recent Nasdaq debut of SK Hynix's ADR.</p><p>This downward pressure continues despite recent supportive analyst commentary on the industry's fundamentals and multiple investment banks having raised their price targets for Western Digital.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Western Digital Plummets 5.08% Intraday Amid Broad Storage Sector Selloff Triggered by SK Hynix Downgrade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Western Digital Plummets 5.08% Intraday Amid Broad Storage Sector Selloff Triggered by SK Hynix Downgrade\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-07-15 22:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Western Digital's stock plummeted 5.08% during intraday trading on Wednesday, extending losses in the storage semiconductor sector.</p><p>The decline is part of a broader selloff in U.S.-listed storage stocks, led by a significant drop in SK Hynix. The sector has faced heightened volatility since a Korean brokerage downgraded SK Hynix's second-quarter earnings estimates below market consensus, triggering a global retreat from storage names. Furthermore, investor concerns about capital being diverted from existing U.S. storage stocks have been renewed following the recent Nasdaq debut of SK Hynix's ADR.</p><p>This downward pressure continues despite recent supportive analyst commentary on the industry's fundamentals and multiple investment banks having raised their price targets for Western Digital.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WDC","symbol_name":"西部数据","start_time":0,"source_url":"","article_id":"1161710413","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1161710413","pubTimestamp":1784124460,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Western Digital's stock plummeted 5.08% during intraday trading on Wednesday, extending losses in the storage semiconductor sector.The decline is part of a broader selloff in U.S.-listed storage...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WDC":"西部数据"},"translate_title":"股票跟踪 | SK海力士评级下调引发存储行业广泛抛售，西部数据盘中暴跌 5.08%","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/c5589fc99fbad5eca6aeece5bdff03ae","symbols_score_info":{"WDC":1},"content_text":"Western Digital's stock plummeted 5.08% during intraday trading on Wednesday, extending losses in the storage semiconductor sector.The decline is part of a broader selloff in U.S.-listed storage stocks, led by a significant drop in SK Hynix. The sector has faced heightened volatility since a Korean brokerage downgraded SK Hynix's second-quarter earnings estimates below market consensus, triggering a global retreat from storage names. Furthermore, investor concerns about capital being diverted from existing U.S. storage stocks have been renewed following the recent Nasdaq debut of SK Hynix's ADR.This downward pressure continues despite recent supportive analyst commentary on the industry's fundamentals and multiple investment banks having raised their price targets for Western Digital.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1161710413","isCrawlerRequest":true}