Stocks with increasing unusual option volume: STX CSCO
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Seagate Technology (STX) PT Raised to $40 at Susquehanna Following December Preannouncement
January 9, 2018 7:34 AM ESTSusquehanna 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 ESTSeagate 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 ESTCowen 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



