Flex (NASDAQ:FLEX) stock is moving on Wednesday after the technology, supply chain and manufacturing solutions company completed a spinoff of Nextracker (NASDAQ:NXT) to its shareholders. This saw the company divest the remaining stake it held in energy solutions company Nexttracker to investors in FLEX. That resulted in Flex shareholders obtaining .17 shares of Nexttracker for each share they own. That comes to a total of 74,432,619 shares of Nexttracker stock issued to these investors. Flex notes that with ...