On June 25, Flex Ltd. rose 3.17% in pre-market trading, trading at $155.35/share, with turnover of $184,900.

On the news front, Flex was officially added to the S&P 500 index on June 22, replacing Pool Corp. On the inclusion effective date, passive fund allocation demand drove the stock up 3.31%. However, the stock subsequently experienced two consecutive trading days of profit-taking, declining 5.31% and 3.4% on June 23 and 24 respectively, as the index inclusion catalyst was fully priced in. With short-term selling pressure now adequately released, the stock is undergoing a technical recovery.

Meanwhile, the Electronic Manufacturing Services sector is broadly strengthening, providing additional momentum. Among sector peers, Celestica rose 4.19%, TTM Technologies rose 3.27%, Fabrinet rose 2.96%, Jabil Circuit rose 2.72%, and TE Connectivity rose 0.03%, reflecting broad-based industry support for 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.)