Western Digital stock jumps 10% to $78.69 - here's what smart traders noticed
Key Points
- Western Digital's stock soared nearly 10% after beating earn...
When Western Digital's stock jumped nearly 10% after earnings, it wasn't just another tech company having a good quarter. The storage giant pulled off something that's becoming increasingly rare in today's market: actually beating expectations by a meaningful margin.
When Numbers Actually Matter
Western Digital reported earnings per share of $1.66, crushing analyst estimates of $1.48. But here's the kicker - revenue surged 30% year-over-year to $2.61 billion, leaving the expected $2.45 billion in the dust. That's the kind of performance that makes traders temporarily forget about their c...
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