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Updated · MarketWatch · May 6Quanta Services stock hits new 52-week high
9 articles · Updated · MarketWatch · May 6
- Shares rose 1.77% to $785.24 on Wednesday, marking a fifth straight daily gain and topping the previous $777.84 peak set on 5 May.
- The stock outperformed peers including AECOM and MasTec, which fell, while EMCOR also gained but by a smaller 1.12%.
- Trading volume reached 1.2 million shares, above the 50-day average of 1.1 million, as broader US markets also advanced strongly.
The AI boom is fueling a trillion-dollar grid upgrade. Is Quanta uniquely positioned to dominate this race against its rivals? Quanta plans to double earnings by 2030. What hidden supply chain risks could derail this ambitious infrastructure build-out?