Sanmina Rocking (SANM)

Posted in pre-market 
January 27th, 2010

Sanmina-SCI Corporation (NASDAQ: SANM) posted a Q1 profit and earnings blew out the consensus Thomson Reuters data with strong margin gains…. guidance was raised too, but there was suspicious strong and active rally trading seen yesterday. Shares rose 14% last night after closing at $12.30.  This morning we have a 15.8% gain to $14.25 but only on 47,040 shares.  This is a 52-week high as the range was $0.73 to $12.45 and average volume is about 1 million shares.


Comments are closed