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Why Methode Electronics Stock Plunged Today
The Motley Fool· 2025-12-04 22:33
The company missed the consensus analyst bottom-line estimate for its fiscal second quarter, but this might be the least of its problems.Investors unplugged from Methode Electronics (MEI 10.93%) stock on Thursday, after the company published quarterly results that featured erosion in key metrics. Its shares lost nearly 11% of their value that day, in a trading session that saw the benchmark S&P 500 index creep up by 0.1%.Across-the-board declinesIn Methode's fiscal second quarter of 2026, the company's net ...