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Harbor Mid Cap Value Fund sold its position in Western Digital (WDC) in Q2 2026, citing valuation concerns
Harbor Mid Cap Value Fund stated in its Q2 2026 investor letter that it sold its holdings in data storage company Western Digital Corporation (NASDAQ:WDC) because its earnings and cash flow did not keep pace with the stock price, making it less attractive from a valuation perspective. Western Digital had been a strong performer over the past year, benefiting from surging demand for hard disk drives to support AI buildout. On September 8, 2026, WDC closed at $477.30 per share, having returned 5.11% over the past month and 402.32% over the past year.
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Source：Yahoo财经 · Source Link
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