Flex is trading at $124.66 (6% up) as investors react to its recent earnings beat, raised outlook, and plans to spin off its high-growth Cloud and Power Infrastructure business.

  • The company reported strong fiscal 2027 Q1 results and increased its forward guidance, driving sustained investor optimism.
  • Gains are further supported by a broad rally in industrials and U.S. equities following robust manufacturing data and easing geopolitical tensions.