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Technology Stocks : WDC/Sandisk Corporation
WDC 163.00-0.4%Nov 7 3:59 PM EST

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From: FJB4/14/2016 11:13:43 AM
   of 60323
 
STX and WDC plunge 19 and 8%, respectively

Seagate announced late Wednesday that it expects to report revenue of $2.6 billion for the most recent quarter, down from its previous estimate of $2.7 billion. Analysts are looking for revenue of $2.69 billion.

The company anticipates that adjusted gross margins will be roughly 23%, down from prior estimates of 25.6%.
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