What's Going On With Seagate Technology Stock Monday?
Benzinga
Seagate Technology Holdings (NASDAQ: STX) stock is rising in Monday's premarket session, attempting to rebound from a 10.21% drop last Friday. The previous sell-off was triggered by reports that Toshiba plans to significantly increase its hard disk drive production capacity for AI data centers, raising concerns about potential pricing pressure in the HDD market. Despite short-term fluctuations and consolidation, Seagate's longer-term trend remains bullish, with strong growth and momentum scores,
Read the full story
This is a short summary. The complete article is published by Benzinga.
Headline and summary aggregated from public news feeds. For information only — not financial advice.