More Than A Full Recovery Possible For Western Digital’s Stock Post COVID-19 Crisis?

More Than A Full Recovery Possible For Western Digital’s Stock Post COVID-19 Crisis?

The World Health organization declared a global health emergency at the end of January in light of the coronavirus spread.. Western Digital's Stock Has Fallen Considerably Because The Situation On The Ground Has Changed. Lower prices and decreased shipments (due to fall in demand) is likely to put immense pressure on the company's revenues in 2020, leading to a sharp drop in the company's stock price.. We see WDC stock declined from levels of around $21 in October 2007 (the pre-crisis peak) to roughly $11 in March 2009 (as the markets bottomed out) - implying that the stock lost as much as 46% of its value from its approximate pre-crisis peak.. Our dashboard -28% Coronavirus crash vs 4 Historic crashes builds a complete macro picture and complements our analyses of the coronavirus outbreak's impact on Western Digital's stock.. The complete set of coronavirus impact and timing analyses is available .. Led by MIT engineers and Wall Street analysts, Trefis (through its dashboards platform dashboards.trefis.com) helps you understand how a company's products, that you touch, read, or hear about everyday, impact its stock price..