--- title: "U.S. stock market update: Focus Universal rises 48.71%, reverse stock split boosts share price" type: "News" locale: "en" url: "https://longbridge.com/en/news/294703469.md" description: "Focus Universal rose 48.71%; Tianhong Technology fell 4.21%, with a transaction volume of USD 108 million; Fabrinet fell 3.03%, with a transaction volume of USD 29.33 million; Flex International fell 3.83%, with a transaction volume of USD 28.8 million; TE Connectivity fell 0.20%, with a market value of USD 60.3 billion" datetime: "2026-08-03T13:47:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294703469.md) - [en](https://longbridge.com/en/news/294703469.md) - [zh-HK](https://longbridge.com/zh-HK/news/294703469.md) --- # U.S. stock market update: Focus Universal rises 48.71%, reverse stock split boosts share price **U.S. Stock Market Midday Update** Focus Universal rose 48.71%. Based on recent key news: 1. On July 31, Focus Universal's stock price surged significantly, with trading volume notably increasing. The company's stock price rose 348.98% in pre-market trading, but is still down 94.2% year-to-date. This volatility may be related to the company's recent reverse stock split aimed at boosting the stock price. Source: Zhitong Finance 2. On July 30, market attention on Focus Universal increased, with trading volume significantly above the three-month average. Over 17 million shares changed hands, while the three-month average daily trading volume is about 42,000 shares. Source: Wall Street Insight 3. On July 29, analysts rated Focus Universal as a strong sell based on 13 bearish indicators. Despite the stock price increase, investors should remain cautious. Source: Jinshi Data Market volatility is intensifying, and policy changes should be monitored. **Stocks Ranking High in Industry Trading Volume** Tianhong Technology fell 4.21%. Based on recent key news: 1. On August 1, Celestica was not included in the list of five stocks recommended by top analysts. Although Celestica currently has a moderate buy rating among analysts, top analysts believe that five other stocks are more worthy of purchase. This news may lead to a decline in investor confidence in Celestica, thereby affecting Tianhong Technology's stock price. 2. On August 2, MarketBeat reported the five stocks recommended by top analysts, and Celestica was not on the list. MarketBeat tracks recommendations from top Wall Street analysts and noted that Celestica was not included in the recommended list, which may further weaken market confidence in Celestica, impacting Tianhong Technology's stock price. 3. On August 1, Celestica's stock was considered likely to yield significant returns due to its accelerated growth. Nevertheless, the market's lack of confidence in Celestica led to a decline in Tianhong Technology's stock price. The market's lack of confidence in Celestica affects Tianhong Technology. Fabrinet fell 3.03%. Based on recent news: 1. On July 31, MarketBeat reported that although Fabrinet currently has a moderate buy rating among analysts, top analysts believe there are five stocks more worthy of purchase. This news may lead to a decline in investor confidence in Fabrinet, triggering a drop in stock price. 2. On July 30, Fabrinet's trading volume significantly increased to $29.33 million, indicating heightened market attention on the stock, but due to negative news, the stock price still fell. 3. On July 29, the overall market performance was weak, with technology stocks generally under pressure. Fabrinet, as part of the technology sector, was also affected, leading to a decline in stock price. The technology sector has recently performed poorly, and investors should be cautious Flex International fell 3.83%. Based on recent key news: 4. On August 3, MarketBeat reported that although Flex currently has a "Moderate Buy" rating among analysts, top analysts believe there are five stocks that are more worthy of purchase. This may lead to a decrease in investor confidence in Flex, affecting its stock price performance. 5. On August 1, MarketWatch reported that Flex became a component of the S&P 500 index after the index rebalancing in June. Although this news is generally seen as positive, the recent decline in stock price may reflect market concerns about its future performance. 6. On August 1, S&P Dow Jones Indices announced that Ferguson Enterprises will replace Electronic Arts as a new member of the S&P 500 index, which may have an indirect impact on Flex's market position. Market volatility has increased, and investors should exercise caution. **Stocks ranked at the top of the industry by market capitalization** TE Connectivity fell 0.20%, with a market capitalization of $60.3 billion, and trading volume increased, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [FCUV.US](https://longbridge.com/en/quote/FCUV.US.md) - [CLS.US](https://longbridge.com/en/quote/CLS.US.md) - [FN.US](https://longbridge.com/en/quote/FN.US.md) - [FLEX.US](https://longbridge.com/en/quote/FLEX.US.md) - [TEL.US](https://longbridge.com/en/quote/TEL.US.md) ## Related News & Research - [Focus Universal to present deterministic AI technology at H.C. 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