Sanmina Stock (SANM) Slumps on Dec. 16, 2025 After Houston Energy Factory Expansion and Končar Transformer Deal
Sanmina Corporation (NASDAQ: SANM) stock fell sharply in Tuesday trading, even as the company unveiled two growth-oriented moves aimed at the U.S. power-grid equipment market: a new, state-of-the-art energy-focused factory planned for Houston and a transformer co-design agreement with Croatia’s Končar Group. At last check on Dec. 16, SANM shares were down about 8.85% at $144.17, after swinging between an intraday high of $159.98 and a low of $144.17. The market’s reaction highlights a familiar tension in “build for the future” announcements: investors may like the destination, but they immediately start interrogating the travel budget—capital spending, cash flow timing, and