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Updated · MarketWatch · May 6Amentum Holdings stock advances 2.34% and outperforms market
6 articles · Updated · MarketWatch · May 6
- The shares closed at $24.89 on Wednesday as the S&P 500 rose 1.46% to 7,365.12 and the Dow gained 1.24% to 49,910.59.
- Despite the gain, Amentum remains 34.69% below its 52-week high of $38.11 reached on 6 February.
- Trading volume was 1.6 million shares, about 153,440 below the stock's 50-day average of 1.8 million.
With a record backlog and a controversial contract, is Amentum a growth stock or a major reputational risk? Can Amentum's nuclear bet overcome AI data center backlash and power its future growth? Why did the government award a no-bid contract to a firm with over 100 past compliance violations?