Tiger Brokers

Seagate Technology Holdings PLC Stock Falls 7.9%, Underperforms Peers

Dow Jones
Aug 20

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

Shares of Seagate Technology Holdings PLC slipped 7.9% to $832.56 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,707.98 and the Dow Jones Industrial Average rising 0.2% to 53,463.05.

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

Seagate Technology Holdings PLC closed 27.3% short of 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. fell 5.0% to $194.48, Western Digital Corp. fell 6.9% to $462.09, and Everpure Inc. fell 4.32% to $112.00.

Trading volume totaled 5.8 million, compared to the 50-day average of 5.1 million.

Data source: Dow Jones Market Data, FactSet

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