On June 30, Fabrinet rose 5.13% in regular trading, trading at $557.36/share, with turnover of $72.93 million. The stock staged a technical recovery after pulling back from approximately $679 to $543 following its fiscal Q3 earnings release.

On the news front, the Electronic Manufacturing Services sector collectively strengthened, with Flex Ltd up 2.49%, Jabil Circuit up 1.79%, TE Connectivity up 1.90%, TTM Technologies up 1.72%, and Celestica up 1.22%, indicating broad sector linkage supporting the rebound. The company previously reported fiscal Q3 results that significantly beat expectations, with adjusted EPS of $3.72 versus the $3.56 consensus estimate (a 4.49% beat) and revenue of $1.214 billion versus the $1.181 billion estimate, representing 47.6% year-over-year EPS growth. However, relatively cautious forward guidance and upstream component shortages constraining datacom shipments had weighed on shares in subsequent weeks, driving the extended pullback that preceded today's recovery.

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