Movement Alert｜Flex Ltd. Rises 4.43% in Regular Trading, Technical Recovery Continues After Post-Index-Inclusion Profit-Taking Fully Released

Market Focus06-25 21:46

On June 25, Flex Ltd. rose 4.43% in regular trading, trading at $160.705/share, with turnover of $127 million.

On the news front, Flex was officially added to the S&P 500 index on June 22, replacing Pool Corp. On that effective date, concentrated passive fund allocation demand pushed the stock up 3.31%. The stock then experienced two consecutive sessions of profit-taking on June 23 and June 24, with short-term selling pressure fully released, allowing the stock to enter a technical recovery phase.

Additionally, the company's planned spinoff of its Cloud Computing and Power Infrastructure (CPI) business into an independent publicly listed entity continues to provide supplementary support. Within the Electronic Manufacturing Services sector, TTM Technologies rose 1.41%, TE Connectivity rose 1.53%, and Jabil Circuit rose 1.26%, with partial sector resonance aiding the rebound.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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