NEW YORK, Jan 20, 2026, 21:08 EST — Market closed
- Amphenol dipped roughly 1.3% Tuesday, but still held up better than several rivals amid a wider selloff.
- The market fall came after new U.S. tariff threats targeted at Europe.
- After sealing its recent deal, investors are shifting focus to Amphenol’s earnings call and guidance set for Jan. 28.
Amphenol Corporation shares closed Tuesday down 1.3% at $152.33, having fluctuated between $148.50 and $154.36 throughout the session. The stock was mostly flat in late trading.
Wall Street suffered its sharpest single-day drop in three months, dragged down by fresh concerns over U.S. trade policy. The S&P 500 tumbled 2.06%, while the Nasdaq dropped 2.39%, after President Donald Trump announced a new 10% tariff starting Feb. 1 on imports from several European nations, rising to 25% by June. “I’m not at the point yet … going to precipitate a correction,” said Jamie Cox, managing partner at Harris Financial Group. (Reuters)
Amphenol’s timing is critical, given the stock’s reputation as an “infrastructure” play—vulnerable to sell-offs when risk appetite fades. The Connecticut firm has highlighted AI-driven infrastructure investments and rising data communications demand as key growth engines. (Reuters)
Despite Tuesday’s drop, the connector and cable maker fared better than some peers. Amphenol saw about 10.6 million shares traded, well above its 50-day average of 7.9 million. The stock still sits roughly 2.5% shy of its Jan. 15, 52-week high. TE Connectivity, by comparison, tumbled 3.2% that day. (MarketWatch)
Amphenol announced on Jan. 12 that it has closed its acquisition of CommScope’s Connectivity and Cable Solutions unit. CEO R. Adam Norwitt described the deal as a lift to the company’s “fiber optic interconnect capabilities” in IT datacom and communications networks. The acquired business is projected to deliver roughly $4.1 billion in sales by 2026 and should add about $0.15 to diluted earnings per share that year, excluding acquisition-related costs. (Amphenol Investor Relations)
Investors are left sorting through what counts as “real demand” versus a simple unwind after a strong rally. They’ll also watch closely for signs that integration expenses are exceeding expectations or if orders linked to data-center expansions are slowing down.
Amphenol is set to report its fourth-quarter 2025 earnings with a conference call on Jan. 28 at 1:00 p.m. ET. (Amphenol Investor Relations)
Yet there’s a “what could go wrong” vibe lingering. A deeper trade war could disrupt electronics supply chains and curb capital spending, pushing up volatility right when pricey industrial-tech stocks stumble.
Traders eyeing Wednesday’s session will focus on tariff headlines and interest rate developments. Amphenol is scheduled to release its next update on Jan. 28, providing fresh results and 2026 guidance.
