Greenlight Capital buys stake in Seagate

Seagate shares jump post-market after investor David Einhorn's hedge fund buys stake

RELATED QUOTES

SymbolPriceChange
STX40.86-0.61

Seagate Technology PLC's shares rose more than 2 percent after hours on Monday after a regulatory filing showed that investor David Einhorn, through his firm Greenlight Capital Inc., increased his stake in the hard-disk drive maker.

Greenlight now owns 23.1 million shares, or 5.4 percent of Seagate's outstanding stock, as of June 1, according to the filing. Greenlight declined to comment beyond the filing.

Seagate's shares regained 60 cents after hours. They had ended regular trading down 83 cents at $22.56.

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Trading Center

    Yahoo! Finance on Facebook

    POLL

    Do you trust the IRS in light of its recent scandals?

    Loading...
    Poll Choice Options