Shares of Power Solutions International, Inc. (PSIX) plunged over 35% on Tuesday morning after reporting weaker first-quarter results. The stock is currently trading at $40.47, down $21.99 or 35.20%, on the Nasdaq. The stock opened its trading at $41.00 after closing Monday's trading at $62.45. The stock has traded between $33.64 and $121.78 in the past 52-week period. Power Solutions reported fir...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.