Western Digital Sinks 6% as Toshiba’s Drive Expansion Hits the Group; Seagate Drops 8%, Micron Holds Flat

Toshiba’s plan to build more hard disk drives is landing on its two U.S.-listed rivals and not hurting the memory chip stocks around them. Western Digital (NASDAQ:WDC) stock is down 6% to $414.65 in late morning trading. Also, Seagate Technology Holdings (NASDAQ:STX) stock is falling 8% to $819.08, the biggest decline among the storage names. […]