🟢 JBL is trading 6% up today on US-Iran ceasefire rally

JBL is trading at $289.35 (+6.05%) in pre-market, climbing alongside a broader market surge fueled by reports of a US-Iran ceasefire.

• The stock outpaced its prior close of $272.85 as S&P 500 futures rose 2.47% and NASDAQ futures climbed 3.18%.
• The rally is driven by the reopening of the Strait of Hormuz, which has sparked a global market recovery and a sharp plunge in oil prices.
• No company-specific news was found for Jabil; the price action appears entirely driven by macro-economic developments.