Celestica is trading 4.2% down today at CA$488.52 as investors rotate out of high-growth technology and AI names while reassessing rich valuations.
- The move closely tracks a weaker technology sector and widespread profit-taking in semiconductor and AI-related stocks.
- Selling pressure is being driven by global risk-off sentiment and geopolitical tensions rather than company-specific news.
- There have been no fundamental changes reported for Celestica to account for the intraday decline.