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Stockreport

Memory-Holed? Western Digital Dumps $3 Billion Sandisk Stock Stake [zero hedge]

Western Digital Corporation (WDC)  More Company Research Source: zero hedge
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
Memory-Holed? Western Digital Dumps $3 Billion Sandisk Stock Stake Almost exactly a year after the spinoff officially closed on Feb. 24 last year, Western Digital is seeking to raise $3.09 billion from the sale of its remaining equity stake in Sandisk . While WDC has risen dramatically, SNDK has been on quite a tear since the spin-off... Chief Financial Officer Kris Sennesael said on Western Digital’s quarterly earnings call Jan. 29. that the company planned to sell its remaining 7.5 million Sandisk shares before the one-year anniversary of the separation. And so, according to a statement Sandisk launched the sale on behalf of its former parent in a statement Tuesday that didn’t disclose how many shares it would sell. According to the statement, Western Digital is expected to exchange the SanDisk shares for debt held by affiliates of JPMorgan and Bank of America. For now, WDC is flat in the after-hours trade but SNDK is down around 8% , extending the losses during the day... Amid a gl [Read more]
IMPACT SNAPSHOT EVENT TIME: WDC
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Performance comparison Updated
EVENT DAY
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Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
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 VOLUME RATIO
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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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Stockreport

Memory-Holed? Western Digital Dumps $3 Billion Sandisk Stock Stake [zero hedge]

Western Digital Corporation  (WDC) 
More Company Research Source: zero hedge
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
Memory-Holed? Western Digital Dumps $3 Billion Sandisk Stock Stake Almost exactly a year after the spinoff officially closed on Feb. 24 last year, Western Digital is seeking to raise $3.09 billion from the sale of its remaining equity stake in Sandisk . While WDC has risen dramatically, SNDK has been on quite a tear since the spin-off... Chief Financial Officer Kris Sennesael said on Western Digital’s quarterly earnings call Jan. 29. that the company planned to sell its remaining 7.5 million Sandisk shares before the one-year anniversary of the separation. And so, according to a statement Sandisk launched the sale on behalf of its former parent in a statement Tuesday that didn’t disclose how many shares it would sell. According to the statement, Western Digital is expected to exchange the SanDisk shares for debt held by affiliates of JPMorgan and Bank of America. For now, WDC is flat in the after-hours trade but SNDK is down around 8% , extending the losses during the day... Amid a gl [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WDC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS