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Updated · MarketWatch · May 8Jabil stock rises but underperforms competitors
9 articles · Updated · MarketWatch · May 8
- Shares gained 1.59% to $355.15 on Friday, while Flex climbed 6.89%, Sanmina 4.75% and Benchmark Electronics 2.06%.
- Jabil ended 4.62% below its 52-week high of $372.37 reached on 6 May, despite a broader market advance.
- The S&P 500 rose 0.84% and the Dow added 0.02%, while Jabil trading volume of 1.2 million was slightly below its 50-day average.
Why do analysts predict an 18% price drop for Jabil amid its record AI-fueled growth? Can Jabil's all-in-one strategy win against Flex’s new, specialized AI spin-off company?