On July 27, TTM Technologies Inc fell 5.63% in regular trading, trading at $124.39 USD/share, with turnover of $27.39 million. The stock extended the broader AI hardware sector's sustained downward trend, with peers declining across the board.
On the news front, investment bank Stifel previously noted that the recent AI hardware sector selloff should be viewed as a rational valuation correction rather than a signal of weakening demand, listing TTM Technologies Inc as a representative name whose valuation has already compressed significantly. Within the Electronic Manufacturing Services sector, Flex Ltd fell 4.03%, Celestica fell 2.16%, Jabil Circuit fell 2.16%, Fabrinet fell 1.70%, while TE Connectivity rose 0.65%.
TTM Technologies Inc is scheduled to report Q2 earnings on August 5 after market close, with consensus EPS expected at $0.84, a notable improvement from the prior quarter's $0.56.
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