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Why Is Seagate (STX) Down 4.7% Since Last Earnings Report?
STXSeagate(STX) ZACKS·2024-08-22 16:36

It has been about a month since the last earnings report for Seagate (STX) . Shares have lost about 4.7% 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 Q4 Earnings Beat EstimatesSeagate reported ...