New York, February 23, 2026, 09:22 EST — Premarket
- TTMI edged up roughly 0.6% in premarket, tacking on to its 7.5% surge from the prior session.
- The Supreme Court’s tariff decision, coupled with new U.S. Customs guidance, has investors quickly reassessing hardware stocks tied to global trade.
- Up ahead: Tuesday brings tariff mechanics, with the company’s next earnings set for April 29.
Shares of TTM Technologies ticked up roughly 0.6% before the bell on Monday, hovering near $108.63. Investors kept an eye on yet another shift in U.S. tariff policy.
U.S. Customs and Border Protection plans to stop collecting tariffs imposed under the International Emergency Economic Powers Act starting at 12:01 a.m. EST on Tuesday, following a U.S. Supreme Court ruling that struck down the duties as illegal. Tariffs, essentially import taxes, will be suspended.
Over the weekend, President Donald Trump announced plans to hike a temporary global tariff to 15% from the previous 10%—the ceiling under the seldom-invoked Section 122. That provision allows sweeping tariffs for as long as 150 days before Congress is required to weigh in. “The rapid changes underscored the uncertainty trading partners faced,” said Wendy Cutler, a former senior U.S. trade official now with the Asia Society. Reuters
TTM ended Friday’s session at $107.93, notching a 7.51% gain. Shares changed hands in a range from $99.45 to $110.29 on roughly 3.33 million shares, according to Yahoo Finance data.
Yahoo Finance earlier flagged a note from Stock Story tying the action in trade-sensitive stocks like TTM, contract manufacturer Jabil, and optical component producer Coherent to the Supreme Court’s decision to overturn Trump’s previous global tariffs.
According to its company profile, TTM produces advanced printed circuit boards. The company also supplies radio frequency parts as well as microwave and microelectronic assemblies.
The administration opted for a stopgap global tariff after the previous duties were tossed, and it’s also launching fresh probes that could justify more targeted penalties. Treasury Secretary Scott Bessent warned that refunds for the scrapped tariffs might drag on for years. Still, he told Reuters the revamped policy would leave tariff revenue “virtually unchanged.” Reuters
The policy back-and-forth isn’t one-sided. The Supreme Court left refund issues unresolved, and business groups caution this could drag out uncertainty for months as the administration explores new legal avenues on tariffs.
With TTMI, focus shifts to Tuesday’s rollout and whatever Customs says about code and exemption procedures. Next up: TTM’s earnings, slated for April 29.
