On November 11, Flex Ltd. rose 5.27% in Pre-Market Trading, trading at $76.09 per share, with turnover of $477 million.

The move followed continued support from the company’s stronger-than-expected quarterly results, raised full-year outlook, and ongoing progress toward the planned Axiom Solutions International separation.

Background context shows Flex previously reported adjusted EPS of $1.18 and revenue of $8.491 billion for the quarter ended September 25, both above market expectations, while full-year adjusted EPS guidance was raised to $4.84 to $5.16 from $4.42 to $4.74. The company has also completed the EPC Power acquisition and is advancing the spin-off of its cloud and power infrastructure business, with shareholders having approved separation-related resolutions, reinforcing its AI data center power infrastructure positioning.

(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.)