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Why this memory stock just soared 600%
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Why this memory stock just soared 600%
Despite drawing relatively few headlines, Western Digital (NASDAQ: WDC) stock has been one of the best-performing large-cap stocks in the last 12 months. Indeed, WDC share price increased 612% from $41.78 to $297.73 over the previous 52 weeks, and the firm’s valuation shot up from about $14 billion to over $100 billion. Western Digital stock price 12-month chart. Source: Google Considering the scale of the rally and the fact that demand arising …
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