🟢 WDC surges 11% in after-hours trading, lifted by competitor Seagate's blowout earnings

Western Digital shares jumped in after-hours trading, driven by a strong quarterly report from a key competitor rather than company-specific news.

• Rival Seagate Technology (STX) surged over 11% after the bell, reporting strong results and issuing guidance that significantly surpassed analyst estimates.
• WDC's movement is a 'sympathy rally,' where positive news for one company in a sector boosts investor sentiment and stock prices for its peers.
• The rally comes just two days before Western Digital is scheduled to announce its own Q3 fiscal 2026 financial results on April 30, heightening investor expectations for another strong report in the storage sector.