/Seagate%20Technology%20Holdings%20Plc%20office-by%20JHVEPhoto%20via%20Shutterstock.jpg)
With a market cap of $21.1 billion, Seagate Technology Holdings plc (STX) is a leading global provider of data storage solutions, specializing in hard disk drives (HDDs), solid state drives (SSDs), and hybrid storage systems. The Singapore-based company serves diverse markets with innovative products for enterprise, cloud, consumer, and gaming applications.
Shares of the electronic storage maker have slightly underperformed the broader market over the past 52 weeks. STX stock has surged 30.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 31%. In 2024, shares of STX are up 16.7%, compared to SPX's 25.2% gain on a YTD basis.