CLS is trading at $338.99 (5.5% down) as the stock extends a sharp multi-day pullback following strong Q1 results and a recent bullish analyst call.

  • The move suggests continued profit-taking and position trimming in the volatile AI-infrastructure beneficiary, as no new negative company-specific headlines have surfaced this morning.
  • While the broader technology sector is also trading lower, Celestica’s decline is notably steeper than major indices.