DJ Quanta Services Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Quanta Services Inc. $(PWR)$ shed 1.79% to $333.66 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.49 and the Dow Jones Industrial Average rising 0.69% to 45,014.04.
This was the stock's third consecutive day of losses.
Quanta Services Inc. closed $16.53 short of its 52-week high ($350.19), which the company achieved on November 26th.
The stock underperformed when compared to some of its competitors Wednesday, as AECOM $(ACM)$ rose 0.24% to $114.93, MasTec Inc. (MTZ) fell 0.27% to $143.07, and EMCOR Group Inc. $(EME)$ rose 1.00% to $514.71.
Trading volume (1.2 M) eclipsed its 50-day average volume of 790,487.
Data source: Dow Jones Market Data, FactSet. Data compiled December 4, 2024.
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(END) Dow Jones Newswires
December 04, 2024 16:53 ET (21:53 GMT)
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