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Celestica Shares Surge 17% Premarket After Strong Q3 Results

Celestica shares rose 17% in premarket trading after stronger-than-expected earnings and an upbeat AI demand outlook.

CLS

Celestica (CLS) shares surged 17% in premarket trading on Tuesday as stronger-than-expected earnings and an upbeat AI demand outlook fueled retail bets that the market is still undervaluing the data center infrastructure company’s growth prospects.CLS stock fell 5% on Monday to $246.65, with shares…