Sanmina's stock surged 9.51% in pre-market trading on Wednesday, marking a significant upward movement for the electronics manufacturer.
The rally was primarily driven by broad-based strength across the Electronic Manufacturing Services (EMS) sector, with industry peer Flex Ltd soaring approximately 18%, which lifted overall sector sentiment and benefited related stocks including Sanmina.
Furthermore, Sanmina's previously disclosed fiscal year 2026 second-quarter earnings provided fundamental support for the price increase. The company reported impressive revenue growth of 102.5% year-over-year, demonstrating exceptionally strong business momentum that has boosted investor confidence in the company's growth trajectory.
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