Kimball Electronics Trades Calm as Holiday Lulls Market Action
Kimball Electronics Inc. stock finished Friday up at $24.60, recovering from a sharp 6.1% drop seen Tuesday. The rebound was weak, with shares ending just 0.3% higher than the previous week’s close. KE, which trades on Nasdaq, last changed hands on Friday as U.S. markets will not open Monday for Memorial Day. This is relevant now since the week is shortened by the holiday, not just a normal intraday trade. Nasdaq confirms markets are closed for Memorial Day, May 25. The NYSE sticks to its standard 9:30 a.m. to 4:00 p.m. Eastern session when markets are open.