On September 14, TTM Technologies Inc fell 5.83% in pre-market trading, trading at $119.50 per share, with turnover of $381,600. The decline came amid broad-based selling across the Electronic Manufacturing Services sector, with peers including Celestica down 5.64%, Fabrinet down 4.77%, Jabil Circuit down 4.11%, Flex Ltd down 3.44%, and TE Connectivity down 0.89%.

The sector-wide weakness compounded lingering investor concerns over TTM Technologies Inc's recently announced large-scale debt financing plan. Earlier this month, the company priced a $500 million offering of 6.75% senior notes due 2034 and is pursuing an additional $300 million Term Loan A and $800 million Term Loan B, bringing total new borrowings to approximately $1.6 billion. The proceeds are earmarked to fund its roughly $1.1 billion cash acquisition of Epiq Solutions, aimed at expanding its RF, software-defined radio, and space computing capabilities across defense markets. While the successful pricing of the senior notes briefly lifted shares on September 11, the sheer scale of leverage continues to weigh on sentiment as the stock retraces gains.

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