After spending most of a year in the Red Unfavored Zone of the SIA S&P 500 Index Report, Seagate climbed up into the yellow zone in January which looked encouraging at the time. In recent weeks, however, Seagate’s relative performance has weakened and the shares have dropped back down into the Red Zone, posting a loss of 9.9% for the time it was in the yellow zone.
Seagate finished yesterday in 257th place, down 6 positions on the day and down 44 spots in the last month.
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