On May 26, TE Connectivity rose 3.21% in regular trading, trading at $208.42/share, with trading volume of $113 million, extending its rebound momentum after a two-session pullback earlier this month.
On the news front, the company's previously disclosed mid-year results showed outstanding performance, with net profit attributable to shareholders reaching $16.05 billion, surging 196.67% year-over-year, while revenue came in at $94.13 billion, up 17.97% year-over-year. The sustained fundamental improvement continues to provide strong support for the stock price.
Meanwhile, the Electronic Manufacturing Services sector broadly strengthened, with Flex Ltd up 6.39%, Jabil Circuit up 3.54%, TTM Technologies up 2.93%, and Celestica up 1.08%, demonstrating clear sector linkage effects.
(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.)
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