🔴 Flex Ltd is trading 5.2% down today as profit-taking extends pullback from 52-week highs

Flex Ltd is trading approximately 5.2% down at $151.22 as profit-taking continues to drive the stock lower following a recent rally to 52-week highs.

• The move extends Thursday’s 5.25% decline, pulling the share price back from a fresh peak of $157.68.
• Analysts note the absence of company-specific news, suggesting the move is a consolidation phase following a strong multi-session rally.
• The downward pressure coincides with a broader risk-off backdrop in equity futures and technology-related names during the pre-market session.