Movement Alert｜Celestica Falls 3.58% in After-Hours Trading, Pulling Back After Recent 21% Rally on Raised Guidance

Market Focus04:18

On June 3, Celestica fell 3.58% in after-hours trading, trading at 442.95 USD/share, with trading volume of 2.9455 million USD. The stock also declined 3.87% during regular trading hours earlier in the session, suggesting sustained selling pressure throughout the day.

The pullback follows a sharp rally of over 21% accumulated over the prior two trading days. The surge was driven by the company raising its full-year revenue guidance to 19 billion USD for the fiscal year and announcing a major 1.6T Ethernet CPO switch order. While institutions broadly acknowledged strong AI market demand and long-term growth potential from CPO switches and ASIC server projects, the stock appears to be experiencing profit-taking after the rapid advance that had pushed shares to historic highs.

Within the Electronic Manufacturing Services sector, the broader group showed muted activity. Among individual stocks, Flex Ltd down 0.02%, Fabrinet down 0.69%, Jabil Circuit down 0.01%, TE Connectivity flat, and TTM Technologies down 0.32%.

(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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