Methode Electronics shares fall after wider fiscal first-quarter loss
Methode Electronics shares dropped after the company widened its fiscal first-quarter loss. The stock fell 15% in pre-market trading to $15.34 and closed Wednesday down 1.2% at $18.10.
By Elias SchisgallShares of Methode Electronics fell after the company widened its loss in the fiscal first quarter.The stock tumbled 15% in pre-market trading to $15.34.
Shares closed on Wednesday down 1.2% at $18.10, and were up 173% this year.The power distribution and lighting solutions provide…