Celestica is trading at CA$447.14 (-5.05%) as investors rotate out of AI-linked technology names following a period of strong performance.
- The decline aligns with a broader risk-off tone in the technology sector, characterized by heavy selling in large-cap shares.
- No company-specific announcements were reported, suggesting the move is driven by sector-wide sentiment rather than a specific catalyst.
- The pullback follows a significant recent run-up, leaving the stock vulnerable to profit-taking during the wider market retreat.