On June 26, Sanmina fell 6.12% in regular trading, trading at $243.665/share, with turnover of $28.12 million. The Electronic Manufacturing Services sector experienced broad-based weakness, with TTM Technologies down 6.3%, Fabrinet down 4.33%, Celestica down 3.87%, Jabil Circuit down 1.77%, and Flex Ltd down 1.28%, reflecting persistent sector-wide selling pressure.
On the news front, multiple company executives recently disclosed share disposals, with sustained insider selling signals intensifying cautious market sentiment. The combination of systematic sector selling pressure and insider activity weighed notably on the stock. This marks the second consecutive session of sharp declines for Sanmina, which also fell over 5% on June 23 after briefly rallying on PCB sector momentum before surrendering all gains.
(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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