Scalper1 News
An equity investment by a Chinese company in Western Digital (WDC) boosted shares of the computer data storage giant by as much as 16% early Wednesday. Western Digital stock was up 13%, near 78.50, in early afternoon trading in the stock market today. Chinese company Unisplendour, a unit of Tsinghua also known as Unis, is investing $3.78 billion in newly issued stock from the Irvine, Calif.-based Western Digital at $92.50 a share, for a 15% stake Scalper1 News
Scalper1 News