Stocks with increasing unusual option volume: STX CSCO

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Go back to Stocks with increasing unusual option volume: STX CSCO

Seagate Technology (STX) PT Raised to $40 at Susquehanna Following December Preannouncement

January 9, 2018 7:34 AM EST

Susquehanna raised its price target on Seagate Technology (NASDAQ: STX) to $40.00 (from $39.00) while maintaining a Neutral rating following a positive preannouncement of the December Quarter. The strength in Nearline and Client HDD were driving upside to overall HDD unit shipments for the industry, with... More

Seagate Technology (STX) Gains as Wall Street Debates Ripple Investment

January 8, 2018 3:27 PM EST

Seagate Technology (NASDAQ: STX) gained 7% Monday amid speculation about the company's investment in cryptocurrency Ripple. A blog post earlier argued that Seagate's investment in Ripple is worth $7.8 billion based on Ripple's XRP holdings of over $180 billion (before today's 25% plunge). Seagate invested in Ripple's... More

Seagate (STX) Ripple Stake Worth ~$2B, Not ~$8B - Cowen

January 8, 2018 12:28 PM EST

Cowen analyst Karl Ackerman weighed in on Seagate Technology (NASDAQ: STX) amid speculation the company's Ripple investment could be worth ~$8 billion.

While Ackerman thinks STX still holds a minority position in Ripple, he thinks the stake is just ~$2 billion, not the ~$8... More