US stocks fluctuate | Storage sector rises across the board in early trading Western Digital (WDC.US) surged nearly 10% after earnings
According to the Wisdom Financial APP, on Friday, the storage sector rose across the board in early trading, with Western Digital (WDC.US) surging nearly 10% after earnings, SanDisk (SNDK.US) rising more than 4%, Micron Technology (MU.US), and Seagate Technology (STX.US) up more than 1%. On the news front, Western Digital's Q3 revenue increased by 27.4% year-on-year to $2.82 billion, exceeding analysts' expectations of $2.74 billion, exceeding expectations by 2.8%. Adjusted earnings per share (EPS) were $1.78, higher than analysts' expectations of $1.58, beating expectations by 12.9%.
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