Arrow Electronics (ARW) Rose 22.72% in Q3

Group 1: Harbor Mid Cap Fund Overview - Harbor Mid Cap Fund focuses on investing in equity securities, targeting common and preferred stocks of mid-sized U.S. companies [1] - The fund returned 4.19% in Q3 2025, trailing the Midcap Index return of 8.53% due to momentum trading [1] Group 2: Market Conditions - Global equities rebounded strongly in Q3 2025, driven by easing inflation, resilient economic data, and the postponement of disruptive trade measures [1] Group 3: Arrow Electronics, Inc. Performance - Arrow Electronics, Inc. (NYSE:ARW) had a one-month return of 4.28% and a 52-week loss of 2.55%, closing at $112.52 per share with a market capitalization of $5.796 billion on December 24, 2025 [2] - Arrow's shares advanced 22.72% during Q3 2025, attributed to better-than-expected earnings and improved margin performance [3] - The company reported revenue of $6.8 billion, exceeding consensus estimates, with earnings per share surpassing expectations due to effective cost management [3] Group 4: Strategic Initiatives of Arrow Electronics, Inc. - Arrow's management implemented proactive initiatives to improve working capital use, generate strong operating cash, and reduce debt [3] - The company is positioned to benefit from market recovery through strategic efforts to streamline operations and optimize inventory [3] - Arrow's broad customer base and exposure to critical technology supply chains provide resilience in a volatile market [3]