🔴 Seagate Technology is trading 4.4% down today as profit-taking follows sharp rally

Seagate Technology is trading 4.4% down at $951.48, likely reflecting profit-taking after a sharp multi-session rally.

• The August 18, 2026 decline follows gains of 2.19% on August 17, 5.65% on August 14, 4.91% on August 13, and 7.03% on August 12.
• Fiscal 2026 revenue reached $12.2 billion, with analysts highlighting strong data-center demand and upbeat fiscal 2027 guidance.
• Strong fiscal 2026 results and AI-related storage demand remain supportive, but these catalysts are not new.