Seagate Technology (STX) reported third quarter adjusted EPS of $1.26 after the close Wednesday, which topped the consensus estimate of $1.15.
Seagate Technology gapped up sharply Thursday and climbed until mid-morning, before settling into a range. Shares finished up by 2.69 at $39.63 on above average volume. The stock rose above resistance and set a new high for the year.
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