Celestica Shares Fall Despite Stronger-Than-Expected Q1 Results

Celestica (CLS) reported stronger-than-expected first-quarter results and guidance, but its shares fell 13.5% in premarket trading as investors felt the stock had already risen significantly over the past year. The company's stock had climbed 50% in the past month and 380% over the past 12 months.

By Chris Ciaccia, SA News Editor · Seeking Alpha ·

Celestica Shares Fall Despite Stronger-Than-Expected Q1 Results

Tickers: $CLS

Topics: earnings guidance investor sentiment stock price

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