Storage Stocks Slide as Profit Taking Follows Big Run: Seagate Falls 4%, SanDisk Drops 3%, Micron Holds Flat

Seagate Technology shares fell 4% to $827.88 in Friday afternoon trading, reversing part of a rally that had tripled the stock year to date. The report provides no fundamental catalyst, indicating a modest pullback following exceptionally strong gains rather than a disclosed change in earnings or guidance.