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Shares of electronic system and device provider Bel Fuse (NASDAQ:BELFA) fell 7.5% in the afternoon session after the company completed a $441.6 million equity offering, raising investor concerns over share dilution.
WEST ORANGE, N.J., Sept. 04, 2026 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) ("Bel" or the "Company"), a global manufacturer of electronic components, systems and solutions, today announced that Richard E. Hamilton will join the Company as Senior Vice President, General Counsel and Corporate Secretary effective September 28, 2026. Mr. Hamilton will lead Bel’s global legal function and serve as a strategic advisor to the Company’s executive leadership team and Board of Directors.
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Since March 2026, Bel Fuse has been in a holding pattern, posting a small loss of 1.1% while floating around $202.86. The stock also fell short of the S&P 500’s 11.8% gain during that period.
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