Avnet (AVT) Moves 11.8% Higher: Will This Strength Last?

Avnet (AVT) shares rallied 11.8% in the last trading session to close at $46.41. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 13.5% loss over the past four weeks.The upswing was likely driven by a broader market rally following US President Donald Trump’s announcement of pausing the reciprocal tariffs for 90 days. However, a baseline tariff of 10% on imports would continue to apply.This distributor of elec ...