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Flex Ltd. is surging today, continuing a period of strong momentum as the stock trades well above its 50-day moving average. While there were no specific company announcements released over the weekend, the stock is likely benefiting from positive sentiment surrounding its recent selection for inclusion in the S&P 500 index. This upward move is also occurring in the context of a broader rally among industry peers, with companies like Lam Research and Jabil also posting significant gains during the session.
No significant catalyst events detected.