Tiger Brokers

Seagate Technology Holdings PLC Stock Slides 8.5%, Underperforms Peers

Dow Jones
Jul 29

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Seagate Technology Holdings PLC shed 8.5% to $747.30 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,428.78 and the Dow Jones Industrial Average rising 1.0% to 52,747.32.

This was the stock's third consecutive day of losses.

Seagate Technology Holdings PLC closed 34.7% below its 52-week high of $1,145.00, which the company achieved on June 18th.

The stock underperformed when compared to some of its peers, as NetApp Inc. rose 2.8% to $174.53, Western Digital Corp. fell 6.9% to $463.51, and Everpure Inc. fell 1.64% to $72.99.

Trading volume totaled 8.2 million, compared to the 50-day average of 4.4 million.

Data source: Dow Jones Market Data, FactSet

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