Sanmina Corporation (SANM) Soars 2.01% on March 10

Equities Staff  |

Sanmina Corporation (SANM) had a good day on the market for Wednesday March 10 as shares jumped 2.01% to close at $39.56. About 504,853 shares traded hands on 5,773 trades for the day, compared with an average daily volume of n/a shares out of a total float of 64.93 million. After opening the trading day at $39.01, shares of Sanmina Corporation stayed within a range of $39.76 to $38.91.

With today's gains, Sanmina Corporation now has a market cap of $2.57 billion. Shares of Sanmina Corporation have been trading within a range of $39.76 and $18.35 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The company operates in two business segments: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.

Sanmina Corporation is based out of San Jose, CA and has some 37,000 employees. Its CEO is Jure Sola.

For a complete fundamental analysis of Sanmina Corporation, check out’s Stock Valuation Analysis report for SANM.

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Sanmina Corporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Sanmina Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: SANM’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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