DJ Seagate Technology Holdings PLC Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Seagate Technology Holdings PLC $(STX)$ rallied 2.69% to $89.85 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.03% to 5,180.74 and the Dow Jones Industrial Average rising 0.46% to 38,852.27.
This was the stock's third consecutive day of gains.
Seagate Technology Holdings PLC closed $11.41 short of its 52-week high ($101.26), which the company reached on March 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as NetApp Inc. $(NTAP)$ rose 3.16% to $107.95, Western Digital Corp. $(WDC)$ rose 2.33% to $72.60, and Pure Storage Inc. Cl A (PSTG) rose 3.27% to $53.95.
Trading volume (1.9 M) remained 1.2 million below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2024.
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(END) Dow Jones Newswires
May 06, 2024 17:11 ET (21:11 GMT)
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