Franklin Electric Co. after-hours drops 1.75% following Pentair partnership announcement at MSP airport, with Q2 2024 earnings call date disclosed.
ByAinvest
Thursday, Jul 18, 2024 4:35 pm ET1min read
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Franklin Electric Co., Inc. experienced a decline of 1.75% in after-hours trading following the announcement of a partnership between Pentair and Minneapolis-St. Paul International Airport (MSP) for water refilling stations using Pentair's Everpure filtration technology. The collaboration, which includes the installation of 10 HOPE Hydration HydroStations, may have slightly impacted the company's after-hours performance, as it is not a direct focus area for Franklin Electric, which is primarily involved in electric motor and water systems. The unrelated news about APi Group's earnings call for the second quarter of 2024 does not contribute to the stock's after-hours movement.
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