Why Is Seagate (STX) Down 5.3% Since Last Earnings Report?
STXSeagate(STX) ZACKS·2024-11-22 01:35

A month has gone by since the last earnings report for Seagate (STX) . Shares have lost about 5.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Seagate due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Seagate's Q1 Earnings Beat EstimatesSeagate reported first- ...