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Barchart
Barchart
Kritika Sarmah

UNBELIEVABLE: Seagate technology stock is stx underperforming the technology sector - Caught on Camera

STX

Seagate Technology Holdings plc (STX), with a market cap of $18.7 billion, engages in the provision of data storage technology and infrastructure solutions in the United States and internationally. Founded in 1978, the Singapore-based company offers mass capacity storage products including hard disk drives (HDDs) and solid state drives (SSDs).

Companies worth $10 billion or more are generally described as "large-cap stocks," STX fits this bill perfectly. As one of the top data storage companies worldwide, STX benefits from an increasing demand for robust storage solutions caused by rising data creation and sharing.

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