On October 9, TTM Technologies Inc rose 5.53% in pre-market trading, trading at $124.00/share, with Turnover of $342.27 million.
TTM Technologies Inc belongs to the Electronic Manufacturing Services sector, where the overall sector gain was positive. Among individual stocks, Celestica rose 3.22%, Fabrinet rose 3.01%, Flex Ltd rose 1.75%, Jabil Circuit rose 1.21%, and TE Connectivity was unchanged.
In company-specific news, TTM Technologies recently completed its $1.1 billion all-cash acquisition of Epiq Design Solutions. The transaction is expected to be immediately accretive to adjusted EBITDA, moderately dilutive to non-GAAP diluted EPS in 2027, and accretive to non-GAAP diluted EPS in 2028. The acquisition was funded through a combination of senior secured term loans and previously issued senior notes.
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