Seeking Alpha

Seagate Technology misses by $0.01

  • Seagate Technology (STX): FQ1 EPS of $1.29 misses by $0.01.
  • Revenue of $3.49B misses by $0.06B. Shares -4.2% AH. (PR)

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Comments (1)
  • mhanley
    , contributor
    Comments (45) | Send Message
    Shares declined even more to about 5%. For long term investors, this is good. Pick up some shares. Absolutely ridiculous that a company would lose 5% of its market cap in the blink of an eye due to a penny miss.
    28 Oct 2013, 04:45 PM Reply Like
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