TTM TECHNOLOGIES, INC. INVESTIGATION: TTMI securities investors encouraged to contact Kirby McInerney LLP about their rights. NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) - The law firm of Kirby McInerney LLP is investigating potential claims against TTM Technologies, Inc. ("TTM" or the "Company") (NASDAQ: TTMI). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices. If you purchased or otherwise acquired TTM securities, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to learn more about your rights. What Happened? On October 22, 2026, TTM reported its third-quarter 2026 financial results, announcing fourth quarter revenue guidance of $1.42 billion to $1.44 billion, below consensus expectations of $1.44 billion. Additionally, the Company revealed a 10% revenue miss in the data center and networking division and that supply chain wait times expanded to 24 weeks. TTM CEO Edwin Roks stated, "Lead times, let's say, are, let's say, in the order of, let's say, 12 weeks, sometimes a bit longer, sometimes 24 weeks, sometimes even a bit longer depending on the materials." On this news, the price of TTM shares declined by $28.26 per share, or approximately 27.7%, from $102.15 per share on October 21, 2026 to close at $73.89 on October 22, 2026. What Should I Do? At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws. If you purchased or otherwise acquired TTM securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost. Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found on Kirby McInerney LLP's website.

TTM Technologies shares jumped 8.4% to $80.11 after the company reported record third-quarter 2026 results. Revenue rose about 60% to $1,203.9 million from $752.7 million a year earlier, driven by demand for data center and networking hardware. Non-GAAP earnings per share reached $1.46. Net income was $84.8 million, up from $53.1 million, and adjusted EBITDA margin widened to 20.1% from 16.1%. Data center and networking made up 41% of sales, growing 115% year on year. Aerospace and defense contributed 34% of revenue, with a record backlog of about $2 billion. Risks remain. The company plans to fund the $1.1 billion Epiq Solutions acquisition with new debt, and securities law investigations followed the October 22 share price fall.

Midday stock roundup: fivepoint shares drop, TTM rebounds. Five Point slashes annual profit outlook by 80%; TTM rebounds after sharp selloff OCBJ Staff October 23, 2026 REAL ESTATE Irvine-based Five Point Holdings LLC (NYSE: FPH) fell nearly 8% to $4.14 apiece with a market cap of $613 million after slashing its 2026 net income forecast from $100 million to $20 million. Five Point cited weakening housing demand and plans to defer certain land sales rather than sell in a less favorable market. TECHNOLOGY Santa Ana-based TTM Technologies Inc. (Nasdaq: TTMI) rose 4% to $77.07 apiece with a market cap of about $8.1 billion, rebounding after yesterday's sharp selloff. The printed circuit board maker reported record third-quarter revenue of $1.2 billion, up 60%. Shares plunged 27% yesterday despite record earnings as investors weighed slower-than-expected data center sales, fourth-quarter guidance and rising debt from recent acquisitions. Management attributed the data center shortfall to customer project timing rather than weakening demand. TECHNOLOGY Shares of TTM Technologies (Nasdaq: TTMI) dropped 27% to $74.05 apiece and a $7.8 billion market cap. Despite the Santa Ana-based manufacturer reporting record third-quarter results today, shares are down as investors face the company's rising debt and acquisition-related spending. HEALTHCARE Shares of Staar Surgical Co. (Nasdaq: STAA) rose 4% to $22.52, giving the company a market cap of $1.1 billion. The Lake Forest-based maker of implantable eye lenses reported is set to report third quarter results on Nov. 4 after the market closes. Analysts expect Staar to report revenue of $78.74 million. -Yuika Yoshida TECHNOLOGY Smith Micro Software Inc. (Nasdaq: SMSI) shares fell 5.5% to $2.40, putting the company's market cap at $21.4 million. The Pittsburgh-based software provider, which has a large presence in Aliso Viejo, is trading at 92% of its typical volume... RESTAURANTS Chipotle Mexican Grill Inc. (Nasdaq: CMG) dropped 4.5% to $28.35, with a market cap of $35.8 million. Analysts downgraded the Newport Beach fast casual chain to Hold from Buy, citing weak sales at the start of the fourth quarter. El Pollo Loco (Nasdaq: LOCO) shares fell 4% to $15, with a market cap of $459 million. The Costa Mesa fast-casual chain is trading at 81% below its average daily volume. - Joseph Pimentel Shares in Karman Space & Defense (NYSE: KRMN) rose 5.5% to $35.78 apiece for a market cap of $4.7 billion after the Huntington Beach-based company said it had entered into a seven-year, $218 million agreement with Lockheed Martin to provide shrouds for the Terminal High Altitude Area Defense (THAAD) program. PHARMACEUTICAL Irvine-based biotech Eledon Pharmaceuticals (Nasdaq: ELDN) rose 5.8% to $2.29 apiece for a market cap of $186 million, regaining some of the ground lost starting at the end of last month. Eledon said it will present a report on the patient-reported outcomes from Phase 2 BESTOW trial at the American Society of Nephrology Kidney Week 2026 Annual Meeting taking place in Denver starting tomorrow. - Kevin Costelloe HEALTHCARE Irvine-based MDxHealth SA (Nasdaq: MDXH) dropped 16% to 17 cents per share and a market cap of $17 million on Monday. Shares have fallen since last Thursday when the medical diagnostics firm reported preliminary unaudited revenue would be flat for the third quarter while also suspending its 2026 annual guidance. TECHNOLOGY Shares of TTM Technologies (Nasdaq: TTMI) rose 4.5% to $98.09 apiece and a $10 billion market cap during midday trading. Today, the Santa Ana-based manufacturer said it is acquiring the Ophir Optics business from MKS Inc. (Nasdaq: MKSI), a maker of infrared thermal imaging and laser optics solutions, for approximately $650 million. For further details on TTM, see the Oct. 26 edition of the Business Journal. -Emily Santiago-Molina AEROSPACE & DEFENSE Huntington Beach-based Karman Holdings Inc. (NYSE: KRMN) rose 3% to $34.90 apiece with a market cap of $4.6 billion. The aerospace and defense contractor recently received an outperform rating and $65 price target from Macquarie, which cited its exposure to growing defense and space markets. TECHNOLOGY Irvine-based Marwynn Holdings Inc. (Nasdaq: MWYN) increased 12% to $2.22 per share with a market cap of $43.8 million. The company recently signed a preliminary agreement with Singapore-based OmniX Technologies to explore artificial intelligence computing services and infrastructure for trading securities backed by real-world assets. Santa Ana-based TTM Technologies Inc. (Nasdaq: TTMI) fell 3.6% to $97.79 per share, with a market cap of $10.3 billion, amid investor concerns about rising debt and capital spending. The printed circuit board maker recently announced a $400 million expansion of manufacturing capacity in China and Malaysia, following its $1.1 billion acquisition of Epiq Solutions. -Nancy Luna HEALTHCARE Evolus Inc. (Nasdaq: EOLS) rose 5.8% to $7.64 apiece for a market cap of $501 million after the Newport Beach-based company yesterday announced it has entered into an option agreement to potentially add an injectable hair restoration treatment to its aesthetics portfolio. Clean Energy Fuels Corp. (Nasdaq: CLNE) increased 4.8% to $1.41 per share with a $306 million market cap. The Newport Beach-based provider of renewable natural gas yesterday announced the appointment of Sean Wine to the newly created position of chief revenue officer. The company is set to release third quarter results on Nov. 5 after the market closes. -Yuika Yoshida loanDepot Inc. (NYSE: LDI) shares dropped 11% to 49 cents, putting the company's market cap at $219 million. The Irvine mortgage lender recently announced plans to expand its use of AI, but its stock is down 74% over the past six months. SEMICONDUCTORS Indie Semiconductor Inc. (Nasdaq: INDI) fell 9.8% to $2 per share, with a market cap of $462 million. The Aliso Viejo automotive chipmaker's revenue rose 24% year over year to $64 million, and it matched analysts' expected loss of 5 cent per share. However, the company remains unprofitable and has a negative net margin, analysts said. TECHNOLOGY TTM Technologies Inc. (Nasdaq: TTMI) shares fell 9% to $106, with a $11 billion market cap. The Santa Ana circuit board maker recently announced $400 million in capital spending for AI infrastructure and defense electronics projects in China and Malaysia. - Joseph Pimentel Karman Space & Defense (NYSE: KRMN) in Huntington Beach fell 4.7% to $30.40 per share for a market cap of $4 billion, close to a 52-week low. Investor website 24/7 Wall St. said analysts were warning that the "entire space trade is sitting in neutral" waiting for developments from Elon Musk's SpaceX. Rocket Lab (Nasdaq: RKLB) was down 2.6% at $64.06 for a market cap of $41 billion. Long Beach-based Rocket Lab, which got its start in Huntington Beach and is a leading U.S. rocket launch company, has lost 8% of its share value since the start of the year. -Kevin Costelloe TECHNOLOGY Santa Ana-based TTM Technologies (Nasdaq: TTMI) dropped 11% to about $107 per share and a market cap of $11.4 billion on Monday. The printed circuit board maker announced a $400 million investment to expand capacity across four key facilities in China and its strategic Southeast Asia plant in Penang, Malaysia. Shares of Alignment Healthcare (Nasdaq: ALHC) increased 9.7% to $8.27 apiece and a $1.7 billion market cap during midday trading. Today, the Orange-based provider of Medicare Advantage for seniors said it is launching a new plan called Central Health Harmony (HMO) on Jan. 1, 2027 that will be available in Los Angeles and Orange counties. -Emily Santiago-Molina Alignment Healthcare Inc. (Nasdaq: ALHC) fell nearly 16% to $7.33 a share with a market cap of $1.5 billion after the Centers for Medicare & Medicaid Services downgraded the Medicare Advantage insurer's largest California health plan from four stars to 3.5 stars. The Orange-based company said it "believes the rating does not accurately reflect the contract's longstanding performance on evidence-based measures of quality, clinical outcomes and member experience." HEALTHCARE Irvine-based enVVeno Medical Corp. (Nasdaq: NVNO) rose 4.8% to $8.86 with a market cap of $6 million. The medical device maker recently showcased its experimental replacement venous valve at a medical conference in Las Vegas, following FDA approval earlier this year to begin a pivotal U.S. clinical trial. The company expects to begin enrolling patients in the trial during the fourth quarter. -Nancy Luna HEALTHCARE Glaukos Corp. (Nasdaq: GKOS) shares dropped 13% to $150.63 apiece with an $8.6 billion market cap. The Aliso Viejo ophthalmic company today announced an exclusive licensing agreement with Springfield, Illinois-based RevOpsis Therapeutics Inc. to develop a biologic for various retinal diseases. Under the agreement, Glaukos also has the exclusive rights to RevOpsis' proprietary platform to discover and develop up to four additional next-generation retinal biologic candidates. TECHNOLOGY Skyworks Solutions (Nasdaq: SWKS) fell 5% to $79.28 a share with a market cap of $18.6 billion. Shares of the Irvine-based chipmaker are down 5.5% since announcing the completion of its $22 billion combination with rival Qorvo Inc. on Monday. -Yuika Yoshida Want more from the best local business newspaper in the country? Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox! One-Year for Only $99 * Weekly in-depth coverage in print and digital formats * Special Features: OC's Wealthiest, Top Priced Home Sales, Giving Guide, OC500, Charity Event Guide, Best Places to Work, Indispensables, Largest Charitable Gifts * The annual Book of Lists: Orange County's top companies across every industry