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NASDAQ:SANM News 13 January 2026

Plexus stock jumps 7% in midday trade as contract manufacturers rally after CPI

Plexus stock jumps 7% in midday trade as contract manufacturers rally after CPI

New York, January 13, 2026, 13:51 (EST) — Regular session Plexus Corp (PLXS) shares climbed roughly 7% to $171.65 in afternoon trading Tuesday, after earlier bouncing between $159.41 and $171.79. The rally followed a broad upswing in electronics manufacturing services stocks: Jabil jumped close to 4%, Flex added around 4.3%, and Sanmina increased roughly 4.7%. Meanwhile, the iShares Semiconductor ETF,…
13 January 2026
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Stock Market Today

  • TransAlta (TSX:TA) Valuation Reviewed Amid Share Price Decline
    January 23, 2026, 11:41 PM EST. TransAlta (TSX:TA) has seen its share price fall nearly 28% over 90 days, currently trading at CA$17.41, prompting fresh valuation scrutiny. Despite short-term weakness, a five-year total shareholder return of 69.31% highlights longer-term gains. Analysts estimate a fair value of approximately CA$24.27 based on future cash flow growth linked to renewable energy projects and asset optimization. The stock trades at 2.1 times sales, exceeding a fair 1.0 times benchmark but below sector peers, raising questions about growth justification. Risks include potential disruptions in data center contracts and carbon pricing changes. Investors are weighing the under-valuation signal against the premium sales ratio amid evolving market conditions.
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