Seagate (STX) volatility flat into guidance for Q4 and workforce reductions
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Price: $1,094.04 +2.22%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.2%
Revenue Growth %: +42.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.2%
Revenue Growth %: +42.2%
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Seagate Technology (NASDAQ: STX) is recently up $3.11 to $27.20 in the premarket after providing guidance for Q4 and announcing that it will reduce its workforce by 6,500 employees. July call option implied volatility is at 56, August is at 49; compared to its 52-week range of 29 to 63.
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