Western Digital Jumps 7%, Seagate Climbs 5% as Bernstein Calls Toshiba Selloff a Storm in a Teacup; SanDisk Inches Higher

Western Digital and Seagate shares bounce back as analysts downplay the Toshiba threat

Even if Toshiba doubles its capacity, analysts say it has a ways to go to catch up with Western Digital and Seagate

Western Digital, Seagate Stock Rebound. What Wall Street Is Saying About Toshiba Competition.

Seagate stock and Western Digital stock rebounded Monday after being hit hard by a report Toshiba is scaling up hard-drive production.

Western Digital Jumps 7%, Seagate Climbs 5% as Bernstein Calls Toshiba Selloff a Storm in a Teacup; SanDisk Inches Higher

Three Wall Street research desks spent the weekend pushing back hard against a Toshiba supply scare that hammered HDD stocks, but one major firm is telling a very different story about which storage name deserves your confidence right now.

Crypto Stocks Rise as Western Digital Gains 7.38% at the Open

Seagate Technology climbed 5.21%, while U.S. indexes opened mixed on Oct. 5.