Celestica (CLS) Stock Drops Despite Market Gains: Important Facts to Note

Celestica (CLS) ended the recent trading session at $246.42, demonstrating a -2.61% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.85%. Meanwhile, the Dow experienced a rise of 1.36%, and the technology-dominated Nasdaq saw an increase of 0.72%. Heading into today, shares of the electronics manufacturing services company had gained 23.9% over the past month, outpacing the Computer and Technology sector's gain of 4.39% and the S&P 500's gain o ...