🔴 Flex is trading 4.9% down today as elevated Treasury yields pressure growth stocks

Flex is trading at $113.15, down -4.92%, amid pressure on technology and semiconductor shares from elevated Treasury yields.

• Flex extended its August 18 selloff without a new company-specific announcement identified.
• Brent crude stayed above $90, while Middle East tensions sustained broader inflation and risk concerns.
• The decline appears primarily sector- and macro-driven rather than earnings-related.