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News 2026-06-30 16:52 UTC

Why Is Regal Rexnord Stock Surging On Tuesday?

Regal Rexnord Corp. (NYSE: RRX ) stock traded higher on Tuesday after Kerrisdale Capital issued a research report announcing a long position in the industrial powertrain leader. The investment firm highlighted the company’s recent portfolio transformation as a primary catalyst for future growth. Shift From Cyclicality