On May 29, TE Connectivity rose 9.5% in pre-market trading, trading at $230.32/share, with trading volume of $92,500, extending its recent rebound momentum.

On the news front, the company previously reported outstanding mid-year results, with net income attributable to shareholders reaching $1.605 billion, up 196.67% year-over-year, and revenue of $9.413 billion, up 17.97% year-over-year. The sustained fundamental improvement continues to provide strong support for the stock price.

Meanwhile, the Electronic Manufacturing Services sector showed broad strength. Among sector peers, Celestica gained 1.83%, Flex Ltd rose 1.48%, Fabrinet advanced 1.47%, Sanmina climbed 0.67%, and TTM Technologies edged up 0.05%, reflecting a clear sector linkage effect that further boosted market sentiment toward TE Connectivity.

(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.)