On July 28, TTM Technologies Inc fell 6.47% in regular trading, trading at $108.73/share, with turnover of $31.21 million. The stock continued the broader AI hardware sector sell-off that has persisted in recent sessions.
Within the Electronic Manufacturing Services sector, the decline was widespread. Among peers, Flex Ltd fell 8.51%, Fabrinet dropped 7.62%, and Sanmina plunged 19.43%, while Celestica bucked the trend with a 3.52% gain. Investment bank Stifel previously noted in a report that the recent AI hardware sell-off should be viewed as a rational valuation reset rather than a signal of weakening demand, and identified TTM Technologies Inc as a representative stock whose valuation has already compressed significantly.
TTM Technologies Inc is scheduled to report second-quarter earnings on August 5 after market close, with consensus EPS expectations of $0.84, a notable increase from the prior quarter's $0.56.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)