On August 4, Flex Ltd rose 5.49% in regular trading, trading at $124.155/share, with turnover of $72.62 million. The rally was primarily driven by the company's imminent inclusion in the S&P 500 index, which is expected to boost passive fund allocation demand, providing a near-term catalyst.

The Electronic Manufacturing Services sector showed broad strength on the day, with Fabrinet up 12.09%, TTM Technologies up 8.40%, Celestica up 4.84%, and Jabil Circuit up 4.75%, reflecting a robust sector-wide rebound. Flex's previously reported fiscal Q1 results provided fundamental support, with adjusted EPS of $1.00 beating the consensus estimate of $0.91 by nearly 10%, and revenue of $7.928 billion exceeding the $7.557 billion estimate. The company also guided fiscal 2027 adjusted EPS of $4.42–$4.74, bracketing the FactSet estimate of $4.44.

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