NYSE:HUBB

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Preformed Line Products (PLPC) touches new high

Preformed Line Products (PLPC) closed Tuesday up 5.3% at $376.89, hitting a new 52-week high after the Memorial Day break. The company’s Q1 net sales rose 19% to $176.3 million, but net income fell to $10.5 million from $11.5 million. Gross margin slipped to 31.3%. Shares trade at a price-to-earnings ratio above 50 amid ongoing cost pressures.

May 27, 2026

SpaceX fast-tracked for inclusion in Russell and FTSE global indexes under new rules
May 26, 2026, 7:54 PM EDT. Elon Musk's SpaceX qualifies for rapid inclusion in both the Russell U.S. Equity Indexes and the FTSE Global Equity Index Series due to newly implemented fast-entry rules by index provider FTSE Russell. With an estimated investable market capitalization of around $70 billion, SpaceX surpasses key eligibility thresholds including the $17.5 billion mark for Russell Top 500 inclusion and the $13.5 billion fast-entry level for FTSE GEIS. The space company is expected to feature prominently in multiple indexes like Russell Top 50 and FTSE All-World following an anticipated IPO potentially valuing it at $1.75 trillion. The assessment is provisional, pending further filings, with an IPO date targeted as early as June 12, highlighting a surge in high-profile tech offerings this year.