Flex is trading at $114.38, down 4.16%, likely reflecting broad market pressure as rising oil prices and Treasury yields stoked inflation concerns and weighed on U.S. stocks.
- No clear new Flex-specific catalyst surfaced for October 8.
- Reuters reported Brent above $104 and the 10-year Treasury yield near its highest level since 2002.
- Flex’s previously announced Axiom investment dates to October 5, not October 8.