StocksMedium•9 November 2026•
1 min read
Tech Stocks Diverge: Sanmina Surges 19% on Guidance as Microvast Plummets 54% on Liquidity Warning
Key Facts
1Sanmina shares jumped 19.2% in extended trading following fiscal 2027 revenue guidance of $17.5 billion to $19.5 billion.
2Microvast shares fell 53.8% after reporting a 63% drop in Q3 revenue and warning that cash reserves may not cover obligations.
Sanmina shares jumped 19.2% in extended trading after the company issued strong fiscal 2027 revenue guidance between $17.5 billion and $19.5 billion. MLQ.ai reported that the optimistic outlook follows the integration of the ZT Systems business acquired from AMD.
Conversely, Microvast shares plummeted 53.8% to approximately $0.29 after reporting a 63% decline in third-quarter revenue to $45.8 million. The company warned that its cash reserves may not cover obligations over the next 12 months without securing new financing. SANM closed at $134.68 and MVST closed at $0.6287 on November 6, 2026.