Movement Alert|Seagate Technology PLC Overnight Decline 3.05%, Storage Chip Sector Under Broad Pressure

Market Focus
Yesterday

On October 13, Seagate Technology PLC fell 3.05% overnight, trading at $730.26/share, with turnover of $911.55 million.

The storage chip sector showed overall weakness, as foreign investors continued to reduce their holdings in major Korean memory makers, spreading concern about the industry's outlook. Data showed foreign ownership of Samsung Electronics fell to 46.37%, the lowest level in about 17 years, while SK Hynix's foreign ownership ratio has hovered around the 49% range for eight consecutive trading sessions.

Seagate Technology PLC is a leading provider of data storage technology and solutions. Its main products include hard disk drives, solid state drives, and storage subsystems.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10