Scalper1 News
Jabil Circuit (JBL) stock plunged over 21% in the stock market today, a day after the contract electronics parts maker gave guidance for the current quarter that sharply missed expectations and an analyst issued a downgrade. Jabil’s fiscal Q1 EPS also missed views. The company, whose top customers include Apple (AAPL) and Cisco Systems (CSCO), also said Tuesday that it’s selling its warranty repair business to iQor Holdings in a $725 million deal, Scalper1 News
Scalper1 News