Trade Tensions Weigh Heavily on 10 Stocks

5. Celestica Inc. (NYSE:CLS)

Celestica declined for a third straight day on Monday, losing 13.31 percent to end at $92.80 apiece as investors sold off positions in Canadian companies to mitigate risks of the growing US- Canada trade tensions.

Headquartered in Canada, CLS is a company that offers hardware platform and supply chain solutions to various industries.

Just recently, the company announced that it achieved revenues of $2.55 billion in the fourth quarter of 2024, showing a 19 percent increase from the $2.14 billion in the fourth quarter of 2023.

Earnings per share during the same period also surged to $1.29 from 77 cents year-on-year.

For this year, CLS posted confidence that it would achieve improved business and earnings performance, as it raised its full-year outlook as a reflection of the strengthening demand in its Connectivity and Clouds Solutions (CCS) segment.