🟢 Seagate Technology is trading 4.3% up today on SK Hynix’s $28.6 billion buyback plan

Seagate Technology is trading at $868.63, up +4.33%, as memory-chip stocks rally on SK Hynix’s $28.6 billion buyback and cancellation plan, alongside expectations for tighter memory supply and higher DDR4 pricing.

• Memory-chip sector strength supports storage and semiconductor shares.
• Broader markets are lower, with the Nasdaq down 0.66%; rising Treasury yields are pressuring technology shares and limiting broader gains.
• No fresh company-specific announcement was identified for August 20, 2026.