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Ingram Micro and TTM Technologies Stock Movements and Earnings

1 report, 1 independent Updated Wed 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Ingram Micro rose more than 4% to $27.35 per share, following a listing by Zacks Equity Research as a growth stock. TTM Technologies rose about 10% to $72.73 per share after reporting record third-quarter revenue of $1.2 billion, which was up 60%. TTM Technologies also completed a $100 million share repurchase program and authorized another $100 million in buybacks.

From ocbj.com

Why it matters

Some supportBrind's analysis of the reports

The reported record revenue and share repurchase programs by TTM Technologies indicate strong financial performance in the printed circuit board manufacturing sector. Ingram Micro's stock movement reflects investor interest in the tech distribution market.

From ocbj.com

Who's involved

  • Ingram MicroTech distribution company whose stock rose after receiving a growth stock rating
  • TTM TechnologiesPrinted circuit board manufacturer that reported record third-quarter revenue

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • OracleSpeculative

    Oracle Cloud Infrastructure might see increased distribution sales through Ingram Micro

Keep exploring

The entities involved

Coverage

Newest first; wire copies grouped