Seagate Technology Stock Soars, Outpacing Nasdaq

Seagate Technologys stock has skyrocketed, outpacing the Nasdaq Composite index, driven by robust first-quarter results and surging demand for data centers and advanced storage solutions. The companys market capitalization stands at $60.4 billion, placing it in the large-cap stock category. Despite slightly lagging behind Western Digital, Seagates future prospects remain optimistic with a Strong Buy rating from analysts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.