DJ Seagate Technology Holdings PLC Stock Underperforms Wednesday When Compared To Competitors
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Shares of Seagate Technology Holdings PLC $(STX)$ slipped 1.75% to $92.43 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
This was the stock's third consecutive day of losses.
Seagate Technology Holdings PLC closed 19.85% short of its 52-week high of $115.32, which the company achieved on October 15th.
The stock underperformed when compared to some of its competitors Wednesday, as NetApp Inc. $(NTAP)$ rose 1.40% to $94.87, Western Digital Corp. $(WDC)$ fell 0.96% to $44.20, and Pure Storage Inc. Cl A (PSTG) rose 4.17% to $52.20.
Trading volume (5.2 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 17:09 ET (22:09 GMT)
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