PSIX
Power Solutions Internationa
NASDAQ · Electrical Equipment
$80.97
+13.02 (+19.16%)
PSIX News5 articles
Caterpillar Powers Dow Past 50,000 as Investors Shift to Industrials
Caterpillar surged 7% to $726.20, driving the Dow Jones Industrial Average above the 50,000 milestone. Investors rotated capital from technology into industrial stocks ahead of key U.S. economic data releases next week.
Plug Power Surges 12% Ahead of Key Shareholder Vote, Faces New Lawsuit
Plug Power shares rallied sharply Friday as investors await a critical February 17 shareholder vote on proposals to double authorized shares, while a new class-action lawsuit adds legal pressure.
Monolithic Power Soars to Record High on Strong Guidance and Dividend Boost
Monolithic Power Systems stock surged 6.4% to a new 52-week peak after forecasting Q1 revenue up to $790M and raising its quarterly dividend to $2.00.
Infineon Gains on Planned Power Chip Price Increases, AI Demand Outlook
Infineon shares rose 1.5% Friday following reports of planned price hikes for select power products in April. The company cites tight supply and higher costs, with UBS raising its price target to €47.
Industrial Sector Powers Market Rally as Dow Tops 50,000 Milestone
Industrial stocks led a broad market advance Friday, propelling the Dow Jones Industrial Average above 50,000 for the first time. Investors now await key delayed economic reports for direction on monetary policy.