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Barchart
Barchart
Sohini Mondal

SHOCKING: Is seagate technology stock outperforming the nasdaq - You Need To See This

Based in Livonia, Michigan, Seagate Technology Holdings plc (STX) provides data storage technology and infrastructure solutions. Valued at a market cap of $21.9 billion, the company offers mass-capacity storage products, including hard disk drives (HDDs), SSD (solid state drive), and solid-state hybrid drives (SSHD), among others. 

Companies valued at $10 billion or more are generally described as “large-cap” stocks, and Seagate Technology fits this criterion perfectly. The company is the second-largest manufacturer of hard disk drives (HDDs) in the U.S. and benefits from an industry-leading vertically-integrated operation with internal control over most of its key component suppliers. 

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