Western Digital (WDC) volatility elevated as shares trend to 28-month lows on Q1 results

Western Digital (NYSE: WDC) is recently down $1.83 to $22.61 in pre-open trading following Q1 profits rising 21%. JPMorgan lowered its rating to Underweight from Neutral. Overall option implied volatility of 71; above its 26-week average of 47 according to Track Data.

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