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WDC Falls 11% After Beating Expectations: Retail Blames Algorithms and Technicians
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Western Digital presented results that exceeded market expectations, but its shares fell 11% in off-time operations. Retail investors wonder why the overrun didn’t push the price and point to technical factors and algorithms. *** WDC reported an adjusted BPA of USD $3.56 and revenues of USD $3.750 million, above estimates. The first quarter guide was only modestly superior to consensus, which could disappoint the market. Stocktwits’s retail sent…
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