TTM Technologies ( (TTMI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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TTM Technologies shares climbed after the company announced a board reshuffle that investors appear to view as positive for future strategy and governance. Longtime directors Thomas Edman and John Mayer will retire effective May 7 after the 2026 annual meeting, making way for two high-profile additions to the board. The company appointed Daniel Korte, former PPG Global Vice President of Aerospace, and Ryan McCarthy, former U.S. Army Secretary, as new directors, with terms running to 2028 and 2027 respectively. The incoming directors bring deep aerospace and defense experience, which the market is interpreting as a potential catalyst for new growth opportunities and a stronger position in key end markets. No changes to analyst price targets were mentioned in the announcement.
More about TTM Technologies
YTD Price Performance: 42.32%
Average Trading Volume: 2,553,926
Technical Sentiment Signal: Buy
Current Market Cap: $10.15B
For further insights into TTMI stock on TipRanks’ Stock Analysis page.
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