Celestica (CLS) Plunges 14% After All-Time High — Here’s What Dragged Sentiment
Celestica Inc. (NYSE:CLS) is one of the 10 Stocks Reeling From Huge Losses. Celestica saw its share prices nosedive by 14.37 percent on Tuesday to finish at $361.54 apiece, as investors resorted to profit-taking after soaring to an all-time high, while “selling on news” after a strong earnings performance. On Monday alone, Celestica Inc. (NYSE:CLS) soared to its highest price of $423.25—primarily driven by strong investor confidence for the company amid the booming AI—pushing investors to “sell on news” ...