Integra and Western Digital Shares Slump on Lowered Guidance and Competition

Key Facts

1Integra LifeSciences shares dropped 21.2% after lowering its 2026 revenue outlook due to operational disruptions from July flooding.

2Western Digital and Seagate Technology shares declined following reports that Toshiba plans to expand AI-related hard-drive production, increasing competition.

3Integra lowered its revenue guidance to a range of $1.634 billion to $1.654 billion, down from the previous upper limit of $1.695 billion.

Integra LifeSciences shares dropped 21.2% after the company lowered its 2026 revenue outlook due to operational disruptions caused by July flooding. Financial Modeling Prep reported that the company now expects revenue between $1.634 billion and $1.654 billion, down from its previous upper limit of $1.695 billion.

Western Digital and Seagate Technology shares also declined following reports that Toshiba plans to expand hard-drive production for AI data centers. WDC closed at $462.56 and STX closed at $945.57 on October 1, 2026, while IART closed at $16.09 and GRML closed at $9.11 on the same date.