Quanta Services Inc. Stock Rallies 6.3%, Outperforms Market

Dow Jones11-07 05:35

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Quanta Services Inc. advanced 6.3% to $540.90 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,376.86 and the Dow Jones Industrial Average falling 0.5% to 51,285.73.

The stock's rise snapped a two-day losing streak.

Quanta Services Inc. closed 31.4% below its 52-week high of $788.75, which the company achieved on May 6th.

The stock demonstrated a mixed performance when compared to some of its peers, as AECOM remained unchanged, MasTec Inc. rose 9.5% to $174.10, and EMCOR Group Inc. rose 2.21% to $608.45.

Trading volume totaled 2.8 million, compared to the 50-day average of 1.2 million.

Data source: Dow Jones Market Data, FactSet

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