Western Digital stock pops after report of merger talks

United States News News

Western Digital stock pops after report of merger talks
United States Latest News,United States Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Shares of Western Digital Corp. were up more than 6% in premarket trading Thursday after Bloomberg News reported that the company had reignited merger talks...

Shares of Western Digital Corp. WDC were up more than 6% in premarket trading Thursday after Bloomberg News reported that the company had reignited merger talks with Kioxia, a Japanese memory manufacturer. The story, which came out late Wednesday, said that the talks between the two companies are in the early stages and may not ultimately lead to a merger. Western Digital and Kioxia are already involved in a joint venture together, according to the report.

... Shares of Western Digital Corp. WDC were up more than 6% in premarket trading Thursday after Bloomberg News reported that the company had reignited merger talks with Kioxia, a Japanese memory manufacturer. The story, which came out late Wednesday, said that the talks between the two companies are in the early stages and may not ultimately lead to a merger. Western Digital and Kioxia are already involved in a joint venture together, according to the report.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fox Corp., News Corp will stay at Midtown HQ for another 20 yearsFox Corp., News Corp will stay at Midtown HQ for another 20 yearsChanges overseen by asset manager Hines are to include a renovated main Sixth Avenue, lobby, upgrades to the outdoor plaza, and creation of a new 47th Street lobby.
Read more »

Western Digital, Japan's Kioxia restart merger talks - Bloomberg NewsWestern Digital, Japan's Kioxia restart merger talks - Bloomberg NewsMemory chip maker Western Digital Corp and Japan's Kioxia Holdings Corp have restarted merger talks, Bloomberg News reported on Wednesday, citing sources familiar with the matter.
Read more »

Apple Reality AR/VR headset: major leak shares new details | Digital TrendsApple Reality AR/VR headset: major leak shares new details | Digital TrendsApple's AR/VR headset is expected in 2023, and a new leak provides exciting details about the design, display, audio, and apps for Apple's first AR wearable.
Read more »

Disney, Warner Bros. Discovery, Paramount, Fox Corp. Face Stock Price Target CutsDisney, Warner Bros. Discovery, Paramount, Fox Corp. Face Stock Price Target CutsA Macquarie analyst sees Hollywood studios that rely on advertising facing mounting challenges from marketers trimming budgets and elusive streaming profitability.
Read more »

AG James sues auto lender Credit Acceptance Corp, accuses of predatory loans and securities fraud | amNewYorkAG James sues auto lender Credit Acceptance Corp, accuses of predatory loans and securities fraud | amNewYorkNew York Attorney General Letitia James filed a lawsuit Wednesday against Credit Acceptance Corporation, a subprime auto lending giant she says makes its business model out of lying to and ripping off New Yorkers buying used cars.
Read more »



Render Time: 2025-02-23 09:17:14