• TE is trading 6% up today at $8.70 following the company's announcement that its publicly traded and private warrants will expire on July 9, 2026, removing a significant share overhang.
  • The rally also reflects investors buying the dip after a sharp decline in June, previously fueled by concerns over the company's capital needs and recent insider selling.
  • The positive sentiment is further supported by a broader risk-on rebound in U.S. equities today, with major indices rising around 1%.