Movement Alert|TTM Technologies Falls 5.04% in Regular Trading, Continued Selling Pressure from Index Rebalancing and Executive Share Sales

Market Focus
06/29

On June 29, TTM Technologies fell 5.04% in regular trading, trading at $180.91/share, with turnover of $116 million.

On the news front, TTM Technologies was officially transferred from the Russell 2000 Index to the Russell 1000 Index on June 26. The index switch triggered concentrated selling by funds that previously tracked the Russell 2000, and that selling pressure has continued into subsequent sessions. Adding to the downside, company executives have been actively reducing their holdings in a wave of insider selling. The stock has now declined over 15% cumulatively across three consecutive trading days since June 25.

Within the Electronic Manufacturing Services sector where TTM Technologies belongs, the overall sector tone remains weak. Among individual stocks, Flex Ltd up 0.95%, Celestica down 0.32%, TE Connectivity down 0.01%, Jabil Circuit down 0.57%, Fabrinet down 1.67%.

(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