🔴 Flex is trading 11.8% down today despite record Q1 earnings and raised guidance

Flex is trading 11.8% down at $99.96 following its first quarter fiscal 2027 earnings release, as investors appear to be taking profits despite strong financial results.

• The company reported a 21% year-over-year revenue jump to $7.93 billion and record adjusted EPS of $1.00.
• Management raised its full-year revenue and EPS guidance, signaling continued operational strength.
• The sharp selloff suggests a reassessment of valuation or profit-taking following a significant run-up in the stock price leading into the announcement.