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Why Celestica Stock Is Soaring Today

TheMotleyFool

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Why Celestica Stock Is Soaring Today: https://g.foolcdn.com/editorial/images/840048/gettyimages-2164875117.jpg

(NYSE: CLS) stock is roaring higher in Tuesday's trading. The company's share price was up 7.8% as of 1:30 p.m. ET. The technology hardware specialist's stock had been up as much as 17.8% earlier in the day's trading. Meanwhile, the S 500 (SNPINDEX: ^GSPC) had risen 0.2%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 0.6%.

Celestica published its third-quarter results after yesterday's market close, and sales and earnings for the period came in far better than anticipated. The company also raised its full-year guidance and set some promising targets for 2026.

Image source: Getty Images.

Source Fool.com