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Updated · MarketWatch · May 6Jabil stock climbs 10.40% to a new 52-week high
12 articles · Updated · MarketWatch · May 6
- Shares closed at $372.34 on Wednesday, topping the previous $352.67 peak set on 5 May and snapping a two-day losing streak.
- The gain came in a broadly stronger US market, with the S&P 500 up 1.46% and the Dow Jones Industrial Average rising 1.24%.
- Trading volume reached 2.6 million shares, more than double Jabil's 50-day average of 1.2 million, as performance against peers was mixed.
After Flex's massive surge from its spin-off, is Jabil's current strategy enough to win the AI infrastructure race? As AI data centers strain global power grids, can Jabil's manufacturing innovations prevent a looming energy crisis?