🟢 MLI is trading 4.5% up today after its 2-for-1 stock split

MLI is trading 4.5% up at $59.94 in after-hours trading following its 2-for-1 forward stock split.

• The company’s 2-for-1 forward stock split became effective on July 1, 2026, doubling the share count and roughly halving the reference price.
• The current price action reflects the new split-adjusted valuation rather than a fundamental selloff or change in company value.
• The apparent sharp drop seen in some charts is a result of the split adjustment taking effect for the start of the new trading period.