Fabrinet stock slides after T. Rowe Price filing as tech shares dip
New York, Jan 8, 2026, 15:42 EST — Regular session
Fabrinet shares fell 6.5% to $439.75 in afternoon trade on Thursday, down $30.75 from the prior close, after touching a session low of $431.20.
The drop tracked declines across electronics contract manufacturers and AI-linked hardware, with Celestica down 6.3%, Sanmina off 3.7% and Nvidia lower by about 2%.
Separately, T. Rowe Price Associates disclosed in a Schedule 13G filing that it held 4.04 million Fabrinet shares, or 11.3% of the company, as of Dec. 31. Schedule 13G is a short-form report used by investors who cross the 5% ownership threshold without a control intent. SEC
In the broader market, the S&P 500 technology index was down 1.7% as investors turned…
