Jabil Circuit Inc is trading 4.3% down at $357.67 alongside a sharp pullback in technology and semiconductor names following Broadcom’s disappointing reaction to its AI outlook.
- The move tracks a broader risk-off shift as the Nasdaq drops around 3% and investors price in higher-for-longer interest rates.
- Growth and electronics manufacturing stocks are under pressure despite no new company-specific news or guidance changes reported for Jabil.