Seagate Technology shares fell $55.35 in Monday trading amid broader weakness in the technology sector.
Seagate Technology (STX) shares declined 6.5% on Monday, closing at $794.65 after shedding $55.35 during the session. The drop reflects ongoing pressure in the tech sector, extending recent losses for the data storage company.
Prior to the decline, STX had faced volatility, though Monday’s move marked a sharper pullback. The broader tech sector showed similar weakness, with investors reacting to macroeconomic concerns and shifting sentiment.
No immediate market reaction details were provided, but the decline underscores broader sector trends affecting hardware and storage stocks.