Sanmina Corp.

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After the market closed on May 11, 2023, Sanmina Corp., disclosed that its previously issued financial statements for the fiscal years ending 2020, 2021, 2022, and the quarter ending December 31, 2022, should no longer be relied upon due to material misstatements related to inappropriate and unsupported adjustments to cost estimates for certain contracts and other financial reporting control issues.

Shares of Sanmina Corp. stock dropped more than 5% in intraday trading after the market opened on May 12, 2023.

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