Shares of Western Digital Corp. WDC, 0.46% shed 3.08% to $39.00 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.08% falling 0.20% to 4,273.79 and Dow Jones Industrial Average DJIA, -0.13% falling 0.59% to 33,562.86.
The stock’s fall snapped a two-day winning streak.
Western Digital Corp. closed $24.00 below its 52-week high ($63.00), which the company reached on June 8th.
The stock underperformed when compared to some of its competitors Monday, as Seagate Technology Holdings PLC STX, -1.38% fell 2.17% to $60.86 and NetApp Inc. NTAP, 0.00% fell 0.99% to $70.28.
Trading volume (2.2 M) remained 1.7 million below its 50-day average volume of 4.0 M.