New York, February 23, 2026, 09:22 EST — Premarket
- TTMI was up about 0.6% in premarket trading, after a 7.5% jump in the last regular session.
- Investors are repricing trade-sensitive hardware names after the Supreme Court tariff ruling and fresh U.S. Customs guidance.
- Next catalyst: Tuesday’s tariff mechanics and the company’s next earnings date on April 29.
TTM Technologies shares rose about 0.6% in premarket trading on Monday, last around $108.63, as investors tracked another turn in U.S. tariff policy ahead of the opening bell. (Public)
The move comes as U.S. Customs and Border Protection said it will halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12:01 a.m. EST on Tuesday, after the U.S. Supreme Court declared the duties illegal. Tariffs are taxes on imports. (Reuters)
President Donald Trump said over the weekend he would raise a temporary worldwide tariff from 10% to 15%, the maximum allowed under a rarely used law known as Section 122, which permits broad duties for up to 150 days before Congress must act to extend them. Wendy Cutler, a former senior U.S. trade official now at the Asia Society, said the rapid changes “underscored the uncertainty trading partners faced.” (Reuters)
TTM closed at $107.93 on Friday, up 7.51% on the day. The stock traded between $99.45 and $110.29, with volume of about 3.33 million shares, Yahoo Finance data showed. (Yahoo Finance)
A Stock Story note carried by Yahoo Finance earlier linked the broader move in trade-sensitive names — including TTM, contract manufacturer Jabil and optical component maker Coherent — to the Supreme Court’s decision to strike down Trump’s earlier sweeping global tariffs. (Yahoo Finance)
TTM makes technologically advanced printed circuit boards and also sells radio frequency components and microwave/microelectronic assemblies, according to the company’s profile. (TTM Technologies, Inc.)
The administration has moved to replace the struck-down duties with a temporary global import tariff and ordered new investigations under statutes that can support country- or product-specific levies. Treasury Secretary Scott Bessent said refunds tied to the voided tariffs could take years to resolve and that the new approach would keep tariff revenue “virtually unchanged,” Reuters reported. (Reuters)
But the policy whipsaw cuts both ways. The Supreme Court ruling did not settle questions around refunds, and business groups have warned the decision could mean months of added uncertainty as the administration pursues other legal routes for tariffs. (Reuters)
For TTMI, traders are watching Tuesday’s rollout and any Customs guidance on how codes and exemptions will work in practice, then the next company checkpoint: TTM’s expected earnings date on April 29. (Zacks)
