Flex is trading about 4.5% up today at $116.95, extending its sharp rebound after a volatile reaction to earnings earlier this week.
- The stock initially plunged following its July 29 fiscal Q1 2027 report despite beating revenue and EPS estimates and raising full-year guidance.
- Investors are reassessing the company's outlook following concerns over a CEO transition and prior AI spin-off plans.
- Today's gains reflect a broader recovery and improved risk sentiment surrounding AI and technology stocks.