Western Digital Stock Tumbles 10% After Earnings. Blame Supply-Chain Woes.

3 years ago 353

Western Digital shares fell sharply successful precocious trading Thursday aft the disk-drive and flash representation spot institution provided disappointing nett guidance for its fiscal second-quarter ending successful December.

The institution is 1 of galore tech hardware providers struggling with supply-chain issues. Both Amazon.com and Apple posted disappointing results for the latest quarter, mostly owed to supply-chain woes, with parts shortages and precocious shipping costs taking a toll.

Western...

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