Western Digital Corp. (WDC) Surged To A New High Following Acquisition - InvestingChannel

Western Digital Corp. (WDC) Surged To A New High Following Acquisition

Western Digital Corp. (WDC: Quote) announced an expansion of its product portfolio with the addition of network backup software and appliances from privately held Arkeia Software Inc., which it recently acquired.

Western Digital rose steadily until mid-morning Tuesday, before settling into a range. Shares finished up by 2.55 at $47.36 on above average volume. The stock has been climbing for the last month and a half and closed at a new high for the year.

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by RTT Staff Writer

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