On June 23, Sanmina fell 5.26% in regular trading, trading at $247.50/share, with turnover of $25.20 million. The stock had earlier risen over 5% during the session, driven by AMD's 13F filing disclosure and a PCB sector rally, but subsequently gave back all gains and turned negative.

On the news front, the electronic manufacturing services sector came under broad selling pressure. AMD's previously disclosed 13F filing revealed it held 1.151 million shares of Sanmina with a market value of approximately $275 million, initially boosting sentiment. However, sector-wide weakness overwhelmed the positive signal, with Celestica down 6.95%, Fabrinet down 5.97%, TTM Technologies down 4.96%, Flex Ltd down 3.96%, and Jabil Circuit down 2.49%. Additionally, multiple company executives recently disclosed share sales, with insider selling signals further dampening market sentiment toward the stock.

(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.)