Seagate Technology PLC stock rises Monday, still underperforms market

Shares of Seagate Technology PLC

inched 0.90% higher to $79.20 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index

rising 1.44% to 4,077.91 and the Dow Jones Industrial Average

rising 1.13% to 33,527.19. This was the stock’s fourth consecutive day of gains. Seagate Technology PLC hit a new 52-week high, surpassing its previous peak of $78.50, which the company reached on April 1st.

The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp.

rose 2.77% to $249.07, HP Inc.

rose 1.28% to $32.46, and Western Digital Corp.

rose 0.94% to $72.04. Trading volume (2.2 M) remained 1.5 million below its 50-day average volume of 3.7 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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