On June 10, Flex Ltd. declined 3.24% in regular trading, trading at $141.58/share, with trading volume of $124 million.

On the news front, the Electronic Manufacturing Services sector faced broad-based selling pressure, with Celestica down 1.12%, TE Connectivity down 2.03%, Fabrinet down 0.42%, TTM Technologies down 0.33%, and Jabil Circuit down 0.67%.

Flex had previously rallied significantly on dual catalysts: S&P Dow Jones Indices announced Flex would join the S&P 500 Index effective at market open on June 22, replacing Pool Corp., and the company disclosed plans to spin off its high-growth Cloud and Power Infrastructure (CPI) business into an independent publicly traded entity focused on AI data center power and thermal management technology. Inclusion in the S&P 500 is expected to drive substantial passive fund inflows. However, short-term profit-taking pressure persisted following the stock's significant cumulative gains, compounded by sustained sector-wide weakness, pushing shares lower.

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