🔴 Flex is trading 7.8% down today as investors reduce technology and industrial exposure

Flex is trading 7.8% down at $107.54 as investors reduce exposure to technology and industrial stocks amid broader risk-off sentiment.

• The Nasdaq Composite is down 1.13% and the S&P 500 is down 0.70%.
• Higher oil prices, elevated Treasury yields, and uncertainty ahead of this week’s Federal Reserve decision are pressuring equities.
• No clear company-specific announcement explains the decline; Flex’s latest major news was its September 3 agreement to acquire EPC Power, making today’s move primarily macro-driven.