|Bid||32.300 x 1200|
|Ask||32.310 x 3600|
|Day's Range||32.200 - 33.420|
|52 Week Range||30.090 - 50.960|
|PE Ratio (TTM)||13.27|
|Dividend & Yield||2.52 (6.34%)|
|1y Target Est||N/A|
Seagate's earnings shortfall has encouraged short sellers to attempt to drive sector leaders to lower ground.
Seagate appears to be losing share in a key hard drive segment, and is paying a price for its limited flash memory exposure.
U.S. stock futures are headed higher again this morning, as Wall Street looks toward the end of the two-day Federal Reserve meeting. No interest rate hike is expected, but investors will be watching the Fed’s statement on monetary policy for direction. Meanwhile, among those companies topping today’s flood of earnings reports are Ford Motor Company (NYSE:F) and Facebook Inc (NASDAQ:FB).