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Gelonghui January 26丨seagateTechnology (STX.US) rose 9.27% to $68.02, with a total market value of $14 billion, and its stock price hit a new high in about five months. Seagate’s second-quarter revenue was US$1.887 billion, exceeding the expected US$1.79 billion; adjusted earnings per share were US$0.16, far exceeding the expected US$0.06. The company expects third-quarter revenue of US$2 billion, exceeding the expected US$1.87 billion; adjusted earnings per share of US$0.25, lower than the expected US$0.28.
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Responsible editor: Guo Mingyu