WDC, STX Stocks Headed For Third Straight Weekly Loss — Wells Fargo Slashes Targets But Sees Opportunity

Published 16 Oct 2026, 11:55 UTC. Updated 16 Oct 2026, 12:51 UTC.

WDC, STX Stocks Headed For Third Straight Weekly Loss — Wells Fargo Slashes Targets But Sees Opportunity Yahoo Finance

Directly affected

WFC Wells Fargo
Named in this report.

Indirectly affected

ZIM ZIM Integrated Shipping
Container lines are exposed when a shipping lane is disrupted
MATX Matson
Container lines are exposed when a shipping lane is disrupted
DAC Danaos
Ship owners earn more when vessels are tied up longer
GSL Global Ship Lease
Ship owners earn more when vessels are tied up longer
SBLK Star Bulk Carriers
Dry-bulk carriers move with commodity shipping demand
GOGL Golden Ocean
Dry-bulk carriers move with commodity shipping demand

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
WFC	—	—	—	—	—	—	—
ZIM	—	—	—	—	—	—	—
MATX	—	—	—	—	—	—	—
DAC	—	—	—	—	—	—	—
GSL	—	—	—	—	—	—	—
SBLK	—	—	—	—	—	—	—
GOGL	—	—	—	—	—	—	—

WDC, STX Stocks Headed For Third Straight Weekly Loss — Wells Fargo Slashes Targets But Sees Opportunity Yahoo Finance

Source: Yahoo Finance

Shipping

SPY

XLI

How solid the shipping case looks

12 out of 100

“WDC, STX Stocks Headed For Third Straight Weekly Loss — Wells Fargo Slashes Targets But Sees Opportunity” scores 12 out of 100. The score uses 1 sources.