🔴 Flex is trading 7.8% down amid tech sell-off over rate concerns

Flex is trading at $92.52, down 7.80%, amid broader technology-market pressure linked to inflation-driven rate concerns.

• Reuters reported hotter-than-expected U.S. inflation revived rate-hike concerns, while technology shares led the October 15 sell-off.
• Flex completed its $4.4 billion EPC Power acquisition on October 14; no evidence found ties the announcement directly to the October 15 decline.