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Why Sanmina Stock Skyrocketed This Week

TheMotleyFool

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Why Sanmina Stock Skyrocketed This Week: https://g.foolcdn.com/editorial/images/868479/gettyimages-2148797906.jpg

(NASDAQ: SANM) stock closed out this week's trading with big gains. The tech manufacturer's share price gained 16.2% across the period. Meanwhile, the S 500 was up 0.9%, and the Nasdaq Composite ended the stretch up 1.1%.

On April 27, Sanmina published results for the second quarter of its current fiscal year -- a period that ended on March 28. With this week's gains, the company's share price is now up roughly 49% in 2026.

Image source: Getty Images.

Source Fool.com