DJ Quanta Services Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Quanta Services Inc. $(PWR)$ slid 4.70% to $320.62 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
Quanta Services Inc. closed $29.57 below 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 $(ACM)$ fell 3.14% to $106.93, MasTec Inc. (MTZ) fell 4.27% to $130.71, and EMCOR Group Inc. $(EME)$ fell 2.62% to $464.42.
Trading volume (1.3 M) eclipsed its 50-day average volume of 865,004.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:52 ET (21:52 GMT)
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