Celestica ( (TSE:CLS) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Celestica’s stock is experiencing unusual movement as the market anticipates a significant shift following the company’s upcoming earnings release. This anticipation is reflected in the unusually high pre-earnings options volume, which suggests strong market interest. In response to the expected strong earnings performance, analysts have raised their price targets for Celestica.
More about Celestica
YTD Price Performance: 218.71%
Average Trading Volume: 3,277,255
Technical Sentiment Signal: Buy
Current Market Cap: $34.18B
For further insights into CLS stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.