On June 2, Keysight Technologies rose 4.09% in regular trading, trading at $344.64/share with trading volume of $39.22 million. The rebound follows several consecutive sessions of profit-taking pressure after the company reported blowout Q2 FY26 results on May 19.

The company posted adjusted EPS of $2.87, far exceeding the consensus estimate of $2.32, representing a 68.82% year-over-year increase. Revenue reached $1.717 billion, above expectations, while orders hit a record $2.052 billion, with optical communications cited as the primary growth driver. Following the earnings release, shares initially surged 5.2% after hours but reversed sharply, declining 4.1% on May 20 and continuing to fall through late May, reaching $336.16 on May 28 in a classic sell-the-news pattern. Today's recovery suggests selling pressure may be subsiding as investors reassess the strong fundamental performance and record order momentum.

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