Seagate
Makes hard drives that store photos, videos and data from all over the world.
📖 Its story
In 1979, a group of engineers led by Al Shugart started a company to make smaller hard drives. Back then, computers stored very little information. Its first hard drive fit inside a personal computer and helped people save more things.
💵 How it makes money
It sells hard drives, mostly to companies with huge cloud data centers.
🤯 Fun fact
Its first hard drive, the ST-506 from 1980, held only 5 megabytes, less than one photo from today's phones.
👍 The good part
The world keeps saving more and more data, and someone has to make the places to store it.
⚠️ The risk
Its sales go up and down a lot depending on how much the big data centers buy.
🧠 Did you get it?
How much could Seagate's first hard drive hold?
🗂️ Quick facts
- Founded in: 1979
- Founded by: Al Shugart, Tom Mitchell, Doug Mahon, Finis Conner and Syed Iftikar
- Home: Dublin, Ireland (with main offices in Fremont, California, USA)
🔎 How to find it on the stock market
- Search the internet for STX stock.
- You can also find it in your parents' investing app with the letters STX.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Seagate. Ask your mom or dad to join the list.
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