On October 13, Seagate Technology PLC fell 3.55% in Pre-Market Trading, trading at $725.92 per share, with turnover of $3.8994 million.
The move came as storage-related stocks remained weak and negative sentiment continued to spill over from Asian memory names. Recent market data showed foreign ownership in Samsung Electronics fell to 46.37%, a roughly 17-year low, while foreign ownership in SK Hynix stayed in the 49% range for eight straight trading days, reinforcing investor concern over the storage industry outlook. In the same sector, Western Digital fell 3.99% and SanDisk Corp. fell 3.36% in pre-market activity, indicating broader pressure across storage names.
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