Seagate Technology Holdings PLC stock falls Monday, still outperforms market – MarketWatch

Science & Technology

Shares of Seagate Technology Holdings PLC STX, -2.74% slipped 2.74% to $80.36 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -3.20% falling 3.20% to 3,991.24 and Dow Jones Industrial Average DJIA, -1.99% falling 1.99% to 32,245.70. This was the stock’s third consecutive day of losses. Seagate Technology Holdings PLC closed $37.31 below its 52-week high ($117.67), which the company achieved on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. MSFT, -3.69% fell 3.69% to $264.58, HP Inc. HPQ, -0.22% fell 0.22% to $37.01, and Western Digital Corp. WDC, -4.91% fell 4.91% to $56.53. Trading volume (1.6 M) remained 380,176 below its 50-day average volume of 2.0 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.
The economic impact of Federal Reserve policy, high inflation, and global disruptions from Covid-19 lockdowns in China is weighing on investors.

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