🔴 Flex is trading 5% down today on profit-taking after its recent AI-driven run-up

Flex is trading 5% down at $121.54 as investors take profits following a sharp rally tied to the company's AI infrastructure and spin-off narrative.

• The stock experienced a sharp intraday reversal from the prior session’s close of $127.94 with no clear company-specific news released to explain the move.
• Broader market sentiment is currently mixed-to-risk-off, with tech under pressure from geopolitical headlines, though the industrial sector remains generally supportive.
• The decline appears to be a momentum unwind after a significant period of optimism surrounding the company's data center and AI positioning.