Celestica is trading at $321.08, down 10.17%, with broader market weakness following hotter-than-expected September CPI a likely driver.
- Reuters reported the inflation reading lifted rate-hike concerns and pressured technology and AI-related shares.
- The Nasdaq was down 1.95%, with technology-sector weakness consistent with pressure on growth stocks.
- No clear company-specific announcement explaining the decline was identified; Celestica’s recent product news does not establish a direct cause.