MLI is trading at $128.60 (4.7% up) in pre-market, rebounding after recent profit-taking in industrials as investors position ahead of a 2-for-1 stock split.
- Additional shares are scheduled for distribution after the June 30 close, with split-adjusted trading set to begin July 1, 2026.
- The upcoming corporate action is drawing renewed interest to the stock following a period of sector-wide profit-taking.