Multi-Fineline Electronix (MFLX) announced after the bell Wednesday that it now expects to report first quarter net sales of approximately $239 million. The consensus estimate is for revenues of $215.17 million.
Multi-Fineline Electronix gapped open sharply higher Thursday and rose during the first half hour of trade. The stock was range-bound for the remainder of the day and closed up by 3.87 at $25.40, with volume at over a 6-month high. Shares broke out past resistance and finished at over an 8-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.