Seagate Technology Holdings Plc develops and distributes data storage products, including HDDs and SSDs, employing 33,400 people since its IPO on December 11, 2002. Its offerings cater to mass capacity storage and diverse applications.
STX has been in the news recently: Seagate Technology Holdings PLC has seen a 7.44% increase in short interest, with 18.05 million shares sold short, representing 10.83% of its available shares. Additionally, influential investors are adopting a bearish outlook on the company, while financial commentator Jim Cramer advises caution with Seagate and recommends buying SAP instead.
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