Flex is trading about 7.9% down now at $107.39 as investors position ahead of its upcoming Q1 2027 earnings report and key updates on the planned Cloud and Power Infrastructure spin-off.
- The stock is extending a multi-day pullback following a significant rally driven by AI and data-center demand.
- Market sentiment has turned cautious regarding higher-multiple hardware and infrastructure names, despite a lack of fresh negative company-specific news.