Tech Company Stocks In Q1: Who Gained? Who Lost?
Submitted by Rick Whiting on
Seagate Technology
CEO: Stephen Luczo
Dec. 30, 2016: $38.17
March 31, 2017: $45.93
Change: +20.33%
In January disk drive manufacturer Seagate Technology reported that in its fiscal 2017 second quarter (ended Dec. 30) revenue declined 3 percent to $2.89 billion from $2.99 billion in the same period one year earlier. Net income, however, grew 80 percent to $297 million from $165 million one year before.