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Seagate Technology slides 7% amid broader tech sector weakness

2 hours ago 8

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Hard Drive Maker Seagate Announces Its Cutting 3,000 Jobs

Justin Sullivan/Getty Images News

Shares of Seagate Technology (STX), a designer and manufacturer of hard disk drives and data storage technology, declined about 6.5% on Monday. The stock closed at $794.65, a slide of $55.35 on the session.

The decline extended a rough stretch, with

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