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Seagate Stock Extends Slide Amid Disputed Multibillion-Dollar TDK Bid Report

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Seagate Stock Extends Slide Amid Disputed Multibillion-Dollar TDK Bid Report

Seagate Technology (NASDAQ: STX) shares extended their decline on Wednesday as Toshiba pushed back against a report that the companies were competing for TDK Corp.’s hard-disk-drive magnetic-head business. Seagate was trading at $795.72 shortly after the opening bell, down 1.05% from Tuesday’s $805.63 close.

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