Robert W. Baird upgraded its rating on shares of Methode Electronics Inc. (MEI) Friday morning from a "Neutral" to an "Outperform."Methode Electronics Inc. gapped up at the open Friday and rose steadily during the first 2 hours of trade. Shares advanced further going into the close and finished up by $2.27 at $11.32 on above average volume. The stock surged past resistance and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.