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Markets Score 35 Neutral

Western Digital and Lam Research Lead Nasdaq 100 Gainers

Apr 08, 2026 14:20 UTC
WDC, FANG, INSM, LRCX
Immediate term

Western Digital and Lam Research saw double-digit gains in early Wednesday trading. Diamondback Energy lagged as the index's worst performer.

  • Western Digital (WDC) rose 10.9%
  • Lam Research (LRCX) increased 10.1%
  • Diamondback Energy (FANG) fell 8.5%
  • Diamondback Energy maintains a 19% YTD gain
  • Insmed (INSM) declined 3.6%

Western Digital Corp (WDC) led the gains among Nasdaq 100 components during Wednesday's early trading session, with shares climbing 10.9%. The tech-heavy index saw mixed results across various sectors, with semiconductor-related firms showing strong momentum. Lam Research (LRCX) also posted a significant jump, trading up 10.1% on the day. These moves suggest a concentrated bullish sentiment within the chip equipment and storage sectors during the morning session. On the downside, Diamondback Energy (FANG) was the worst performer of the index's components, falling 8.5%. Despite the sharp daily drop, the energy firm maintains a positive trajectory for the year, currently showing a year-to-date gain of 19.0%. Other notable movements included Insmed (INSM), which traded down 3.6%. The divergent price action across these components highlights the intraday volatility currently affecting diverse sectors within the Nasdaq 100.

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