Seagate Technology Holdings PLC stock underperforms Friday when compared to competitors despite daily gains
Seagate Technology Holdings PLC shares
rose 1.59% to $ 99.12 on Friday in what turned out to be an all-round cheap trading session for the stock market with the S&P 500 index
Up 0.88% to 4,229.89 and the Dow Jones Industrial Average
Increase by 0.52% to 34,756.39. The rise in the stock broke a two-day losing streak. Seagate Technology Holdings PLC closed $ 7.10 below its 52-week high ($ 106.22) the company hit on May 17.
The stock showed mixed performance on Friday compared to some of its competitors, including Microsoft Corp.
rose 2.07% to $ 250.79, HP Inc.
rose 2.34% to $ 30.63 and Western Digital Corp.
rose 0.51% to $ 77.17. The trading volume (1.2 million) remained 2.2 million below its 50-day average volume of 3.5 million.