Marine Products Corporation shares fall 1.44% intraday after BRP Inc. announced a secondary offering.

Marine Products Corporation declined 1.44% in intraday trading. The company's stock price movement may be influenced by the recent news events, such as the announcement of a secondary offering by BRP Inc. and Bain Capital Integral Investors II, L.P. This offering involves the sale of 1,500,000 subordinate voting shares, which could potentially impact the market sentiment towards Marine Products Corporation. Additionally, the introduction of ROMULUS, a modular, AI-enabled family of unmanned surface vessels by Huntington Ingalls Industries, Inc., and the new share repurchase authorization by Kirby Corporation may also contribute to the overall market dynamics affecting Marine Products Corporation's stock price.