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Seagate (STX) Stock Drops 4% After Record Earnings. Why Are Investors Selling?

By Trader Edge at 2026-10-28 07:26

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TLDR Seagate (STX) fell 4% to $643.59 in premarket trading Wednesday after reporting record quarterly earnings. Adjusted EPS came in at $7.68 on revenue of $4.23 billion, both above Wall Street forecasts. Second-quarter guidance of $9.20 EPS on $4.8 billion revenue also topped analyst estimates. Capital spending of $211 million beat the $202 million analysts [...] The post Seagate (STX) Stock Drops 4% After Record Earnings. Why Are Investors Selling? appeared first on CoinCentral. Continue reading...

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