Flex Ltd. is showing notable market movement today, up 3.3%, or roughly $170.7 million gain.
The company has made notable gains in 11 of the last 19 trading sessions, with 6 of those days occurring consecutively from Feb 19-26.
Flex holds a market capitalization of $5.3 billion and represents 9.0% of the $58.6 billion NASDAQ/NYSE electronic-manufacturing-services industry.
The industry overall is up today by 0.9%, which translates to a gain of roughly $505 million. The industry gains are led by IPG Photonics Corporation, up 2.74%. IPG Photonics represents 13.5% of the industry, with a market capitalization of $7.9 billion.
Historically, the average daily return for the industry in week #10 has been -0.02%, while the mode daily return is -0.07%.
With a 42stocks weight of 53.2, Flex ranks #1718 against 4169 symbols tracked, and #10 of 23 within the industry. A lower rank is more favorable, while a lower weight is less favorable.
The company is scheduled to report earnings in 40 calendar days, on Wednesday, April 24.