Shares of Seagate Technology Holdings plc (STX) gained over 15% on Wednesday morning after reporting strong third-quarter results.
The stock is currently trading at $664.35, up $85.32 or 14.73%, on the Nasdaq. It opened at $667.98 after closing the previous session at $579.03. The stock has traded between $85.47 and $697.00 over the past 52 weeks.
Seagate reported revenue of $3.11 billion, up from $2.16 billion last year. Net income rose to $748 million, or $3.27 per share, compared with $340 million, or $1.57 per share, a year ago.
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