Why Is Seagate (STX) Down 3.3% Since Last Earnings Report?

It has been about a month since the last earnings report for Seagate (STX) . Shares have lost about 3.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Seagate due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Seagate Q2 Earnings Beat EstimatesSeagate reported seco ...