Equity News

How Did The Preformed Line Products (PLPC) Stock Rise In The Extended Session Friday?

In Friday’s after-hours trading, Preformed Line Products Company (Nasdaq: PLPC) shares increased 4.99% to $92.30. PLPC stock increased despite the lack of recent news, thus previous events may be helpful in understanding the firm. What recently happened at PLPC? Beginning the month, Preformed Line Products (PLPC) released financial data for the third quarter that concluded on September 30, 2022. Q3 2022 Highlights: Performed Line Products reported net sales of $165.4 million for the third quarter of 2022 as opposed to $135.4 million in the third quarter of 2021, a 22% increase in net sales. As opposed to $10.7 million, or