Amphenol Stock Slides 6% as Dividend, Debt Sale and AI Growth Story Collide
Amphenol shares fell 6% to $128.03 Friday on heavy volume, underperforming sector peers. The drop followed record Q1 sales of $7.6 billion and a new €1.1 billion senior notes offering. The company declared a 25-cent quarterly dividend and forecast Q2 sales of $8.1–$8.2 billion. Amphenol faces $290 million in China tax-related obligations this quarter.