Saturday, February 24, 2024

Seagate Technology Holdings PLC stock underperforms Monday when compared to competitors despite daily gains

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Shares of Seagate Technology Holdings PLC
STX,
+0.60%

inched 0.60% higher to $62.01 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.16%

rising 0.16% to 3,977.53 and the Dow Jones Industrial Average
DJIA,
+0.60%

rising 0.60% to 32,432.08. This was the stock’s third consecutive day of gains. Seagate Technology Holdings PLC closed $32.67 below its 52-week high ($94.68), which the company reached on March 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as NetApp Inc.
NTAP,
+0.98%

rose 0.98% to $61.66, Western Digital Corp.
WDC,
-0.14%

fell 0.14% to $35.21, and Pure Storage Inc. Cl A
PSTG,
+0.88%

rose 0.88% to $23.98. Trading volume (2.3 M) remained 371,430 below its 50-day average volume of 2.6 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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