Seagate (STX) Shares Rallying as Co. Offers Q2 Sales, Shipment Outlook

November 3, 2011 8:54 AM EDT
Shares of Seagate (NYSE: STX) are up about 5 percent in pre-open trade Thursday following earlier guidance in an 8-K filing.

The company is looking for Q2 sales of $2.6-$2.7 billion, vs. the consensus of $2.67 billion, with shipments of 41-45 million units.

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