International Companies

Sandisk falls as Western Digital to offload 5.8m shares to cut debt

By Michele Maatouk

Date: Wednesday 18 Feb 2026

(Sharecast News) - Flash memory maker Sandisk slumped on Wednesday after it said Western Digital was planning to raise about $3.2bn by selling some of its stake in a secondary public offering.
Western Digital will offer just over 5.8m shares at $545 each. Sandisk said Western is expected to exchange the...

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