Celestica (CLS) Stock Jumps 8.1%: Will It Continue to Soar?

Celestica (CLS) shares rallied 8.1% in the last trading session to close at $30.90. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.7% loss over the past four weeks.The uptrend is likely to have been driven by increased visibility in demand from hyperscale customers, which is expected to propel the Connectivity and Cloud Solutions segment. CLS is also likely to benefit from multiple expansion plans with gra ...