Movement Alert|TTM Technologies Rises 7.37% in Regular Trading, Strong Earnings and Sector Rebound Continue to Drive Rally

Market Focus
05/22

On May 22, TTM Technologies rose 7.37% in regular trading, trading at $183.00/share, with trading volume of approximately $44.52 million, extending its rebound for a third consecutive trading day.

On the news front, the rally was driven by the company's outstanding first-quarter results and a continued recovery across the Electronic Manufacturing Services sector. TTM reported Q1 net sales growth of 30% year-over-year, marking its highest quarterly revenue on record, while Non-GAAP diluted EPS surged 50% year-over-year. The company's book-to-bill ratio reached 1.41, signaling robust demand. Additionally, Q2 guidance of $930 million to $970 million in net sales exceeded market expectations, further bolstering investor confidence. The stock had previously declined over 15% alongside a broader sector sell-off in mid-May, and the current move represents continued recovery from those lows.

Within the Electronic Manufacturing Services sector, Celestica rose 1.33%, Jabil Circuit rose 0.88%, TE Connectivity rose 0.44%, Flex Ltd fell 0.26%, and Fabrinet fell 0.63%.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10