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December 16, 2024

Patrick Industries Executes Stock Split and Engages Investors at Industry Summit

Patrick Industries, Inc. (NASDAQ: PATK) has executed a 2-for-3 stock split aimed at improving stock affordability and liquidity. This move reflects the company’s strategic efforts to enhance its market presence.

Additionally, Patrick Industries actively participated in the Truist Securities 12th Annual Gaming, Lodging, Leisure & Restaurants Summit on December 12, 2024. Key executives engaged with institutional investors, reaffirming their commitment to investor relations.

Despite a slight fall in stock price, PATK maintains a strong market presence with a market capitalization of $3.01 billion. The trading volume on the NASDAQ remains robust at 207,723 shares today.

The recent stock split combined with active investor engagement underscores Patrick Industries’ dedication to fostering growth and adapting to market dynamics.

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