Western Digital Stock Down Despite Earnings Beat—Key Price Levels to Monitor

Key TakeawaysWestern Digital posted a fiscal second quarter loss that came in considerably narrower than analysts had expected.The hardware maker said it expects to report fiscal third-quarter revenue of between $3.2 billion and$3.4 billion, topping analysts' expectations.The WDC share price had risen sharply ahead of the company's earnings, with key support and resistance areas at $50 and$63, respectively. Western Digital Corporation Source: TradingView.com.Shares in disk drive and data storage manufa ...