TLDRs; WDC stock fell 2.39% as it made its debut in the Nasdaq-100 index on Monday. After-hours trading showed minimal movement, with shares holding near the dayTLDRs; WDC stock fell 2.39% as it made its debut in the Nasdaq-100 index on Monday. After-hours trading showed minimal movement, with shares holding near the day

Western Digital (WDC) Stock: Declines 2.39% After Nasdaq-100 Debut

TLDRs;

  • WDC stock fell 2.39% as it made its debut in the Nasdaq-100 index on Monday.
  • After-hours trading showed minimal movement, with shares holding near the day’s close.
  • Analysts remain mixed, forecasting a wide range of price targets over the next 12 months.
  • Investors are closely watching macroeconomic data and holiday liquidity risks for Tuesday trading.

Western Digital Corporation (NASDAQ: WDC) ended Monday’s trading session at $176.76, marking a 2.39% decline as it officially joined the Nasdaq-100. The stock held largely steady in after-hours trading, quoted around $176.58, as investors digested the impact of the index addition.

The Nasdaq-100 debut is a structural event that can shift trading dynamics, often driving short-term volatility and attracting passive flows from index-tracking funds.


WDC Stock Card
Western Digital Corporation, WDC

While the inclusion is a long-term positive, WDC’s first session saw a typical “buy the rumor, sell the news” reaction, especially after an extraordinary 2025 performance that had the stock approaching its 52-week high of $188.77.

Nasdaq-100 Membership: What It Means

Joining the Nasdaq-100 places WDC in an elite group of tech-focused companies, drawing attention from ETFs and other benchmark-aware funds holding more than $600 billion in assets globally. The reconstitution coincides with December’s “quadruple witching” period, a time known for heightened volatility due to futures, options, and index expiration events.

Investors should note that the debut does not guarantee an immediate rally. WDC shares are subject to mechanical buying and selling pressures as funds adjust portfolios. Early positioning ahead of the official inclusion date can also cause the stock to move counterintuitively on its first day.

Profit-Taking and Liquidity Effects

Despite the positive narrative, several factors contributed to Monday’s decline. Many traders opted to lock in gains following WDC’s 2025 surge, fueled by strong demand for high-capacity storage driven by AI and cloud infrastructure. Thin liquidity ahead of the holiday season amplified price swings, with lower trading volume allowing smaller trades to have outsized effects on the stock price.

Institutional filings also highlighted high ownership levels, suggesting that even minor adjustments in large positions could influence price action. Additionally, the company’s separation from Sandisk in February 2025 means investors now focus primarily on the HDD segment, particularly data center and hyperscaler demand, rather than its broader storage portfolio.

Analysts and Macro Factors

Wall Street sentiment for WDC is mixed. One widely cited consensus gives a “Moderate Buy” rating with a 12-month target around $173.65, while other forecasts range from $53 to $250. The broad dispersion reflects ongoing debates about the durability of AI-driven storage demand and hyperscaler capital expenditures into 2026.

Looking ahead, investors are preparing for macroeconomic releases that could sway tech hardware names, including GDP updates, Durable Goods Orders, and the Conference Board Consumer Confidence report. The holiday-shortened week also increases the potential for exaggerated opening moves and intraday reversals, adding an extra layer of uncertainty for WDC trading on Tuesday.

Bottom Line:

Western Digital enters Tuesday as a newly minted Nasdaq-100 member, carrying the momentum of a strong 2025 while navigating holiday liquidity risks and post-index inclusion mechanics. While the long-term narrative remains positive, traders and investors will be closely watching macro data, market flows, and peer developments to gauge the stock’s next move.

The post Western Digital (WDC) Stock: Declines 2.39% After Nasdaq-100 Debut appeared first on CoinCentral.

Market Opportunity
Index Cooperative Logo
Index Cooperative Price(INDEX)
$0.4882
$0.4882$0.4882
+0.10%
USD
Index Cooperative (INDEX) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Nasdaq-listed iPower reaches $30 million convertible note financing agreement to launch DAT strategy.

Nasdaq-listed iPower reaches $30 million convertible note financing agreement to launch DAT strategy.

PANews reported on December 23 that, according to Globenewswire, Nasdaq-listed e-commerce and supply chain platform iPower announced it has reached a $30 million
Share
PANews2025/12/23 22:19
DOGE ETF Hype Fades as Whales Sell and Traders Await Decline

DOGE ETF Hype Fades as Whales Sell and Traders Await Decline

The post DOGE ETF Hype Fades as Whales Sell and Traders Await Decline appeared on BitcoinEthereumNews.com. Leading meme coin Dogecoin (DOGE) has struggled to gain momentum despite excitement surrounding the anticipated launch of a US-listed Dogecoin ETF this week. On-chain data reveals a decline in whale participation and a general uptick in coin selloffs across exchanges, hinting at the possibility of a deeper price pullback in the coming days. Sponsored Sponsored DOGE Faces Decline as Whales Hold Back, Traders Sell The market is anticipating the launch of Rex-Osprey’s Dogecoin ETF (DOJE) tomorrow, which is expected to give traditional investors direct exposure to Dogecoin’s price movements.  However, DOGE’s price performance has remained muted ahead of the milestone, signaling a lack of enthusiasm from traders. According to on-chain analytics platform Nansen, whale accumulation has slowed notably over the past week. Large investors, with wallets containing DOGE coins worth more than $1 million, appear unconvinced by the ETF narrative and have reduced their holdings by over 4% in the past week.  For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Dogecoin Whale Activity. Source: Nansen When large holders reduce their accumulation, it signals a bearish shift in market sentiment. This reduced DOGE demand from significant players can lead to decreased buying pressure, potentially resulting in price stagnation or declines in the near term. Sponsored Sponsored Furthermore, DOGE’s exchange reserve has risen steadily in the past week, suggesting that more traders are transferring DOGE to exchanges with the intent to sell. As of this writing, the altcoin’s exchange balance sits at 28 billion DOGE, climbing by 12% in the past seven days. DOGE Balance on Exchanges. Source: Glassnode A rising exchange balance indicates that holders are moving their assets to trading platforms to sell rather than to hold. This influx of coins onto exchanges increases the available supply in…
Share
BitcoinEthereumNews2025/09/18 05:07
SelectCam AI Launches Flagship AI-Powered Video Telematics Solutions for Global Fleet Safety

SelectCam AI Launches Flagship AI-Powered Video Telematics Solutions for Global Fleet Safety

SHENZHEN, China–(BUSINESS WIRE)–SelectCam AI, a China-based, product-driven technology company, today announced the launch of its flagship AI video telematics solutions
Share
AI Journal2025/12/23 21:48