🔴 Celestica is trading 4.16% down today amid broader tech weakness and AI-chip selling pressure

Celestica is trading at $305.00 (-4.16%) in pre-market, pulling back from a sharp post-earnings rally as broader technology sentiment softens.

• The stock's recent momentum followed July 27 results where revenue surged 62% to $4.7 billion and the company raised its full-year guidance.
• Broader market sentiment is weighing on the stock, with the Technology sector down 1.55% pre-market amid significant selling pressure in AI-chip related equities.
• There are no new company-specific headlines, suggesting the move is a correction following the recent run-up to new highs.