DJ Quanta Services Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Quanta Services Inc. $(PWR)$ slipped 2.38% to $312.20 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
This was the stock's second consecutive day of losses.
Quanta Services Inc. closed $37.99 short of its 52-week high ($350.19), which the company reached on November 26th.
The stock underperformed when compared to some of its competitors Wednesday, as AECOM $(ACM)$ rose 0.17% to $107.32, MasTec Inc. (MTZ) rose 0.11% to $146.57, and EMCOR Group Inc. $(EME)$ rose 1.21% to $475.86.
Trading volume (1.2 M) eclipsed its 50-day average volume of 964,287.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 16:54 ET (21:54 GMT)
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