Regal Rexnord is trading 4.24% down at $156.35 as hotter-than-expected September inflation pushed Treasury yields higher and weighed on U.S. stocks.
- Reuters reported industrials were among the sectors driving market losses.
- Shares are also underperforming the broader industrials sector. Recent analyst price-target cuts may weigh on sentiment, but available reports do not establish them as the cause of today’s move.