Seagate investment in XRP led to rise in stock

The Seagate observed 12% increases in its stock price after Seeking Alpha reported that the Seagate had invested in Ripple worth more than $7 billion. The company invested $26 million during 2014 on Ripple’s Series A and $55 million during 2016 over Ripple’s Series B. However, the stock price is presently settled at 10%.

 

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