FLEX · NASDAQ
FLEX · NASDAQ
86.51 USD
-6.56 (-7.05%)
FLEX fell 4.9% in pre-market trading as Nasdaq futures dropped and all three electronics-manufacturing peers also declined. Barclays cut Flex's price target to $128 from $144 on October 29. Flex had reported fiscal Q2 results on October 28. The company reported fiscal Q2 results and updated its outlook. Heavy pre-market trading reflected the combined reaction to the target cut and the broader risk-off move.
FLEX fell 4.9% in pre-market trading as Nasdaq futures dropped and all three electronics-manufacturing peers also declined. Barclays cut Flex's price target to $128 from $144 on October 29. Flex had reported fiscal Q2 results on October 28. The company reported fiscal Q2 results and updated its outlook. Heavy pre-market trading reflected the combined reaction to the target cut and the broader risk-off move.