Western Digital Corporation (WDC)

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Western Digital Corporation (WDC) Profile

Western Digital Corporation is an American company that designs, manufactures, and sells data technology products, including storage devices, data centre systems, and cloud storage services headquartered in San Jose, California. Western Digital's revenue in 2021 increased 19% quarter-over-quarter and 15% year-over-year to $4.9 billion. The company's improving execution and unique ability to shift bits across broad routes to diverse markets enabled growth in revenue and gross margin and drove strong free cash flow. Client Devices experienced broad-based strength across nearly every product category on a sequential basis. Contributing to this momentum was better than expected demand for notebook and desktop HDDs, as well as flash-based solutions. Moreover, there was robust demand for gaming, smart video, automotive, and industrial applications. The market cap of Western Digital Corporation was 17.90B USD as of September 2021.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30-23:00
Mon
16:30-23:00
Tue
16:30-23:00
Wed
16:30-23:00
Thu
16:30-23:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 16788

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