Quanta Services Inc. Stock Rallies 5.3%, Outperforms Peers
Dow Jones2026/08/17 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Quanta Services Inc. rallied 5.3% to $722.31 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,745.06 and Dow Jones Industrial Average falling 0.5% to 53,459.78.
This was the stock's second consecutive day of gains.
Quanta Services Inc. closed 8.4% below its 52-week high of $788.75, which the company reached on May 6th.
The stock outperformed some of its peers, as AECOM fell 1.4% to $62.22, MasTec Inc. rose 1.6% to $302.48, and EMCOR Group Inc. rose 3.14% to $862.54.
Trading volume totaled 1.4 million, compared to the 50-day average of 1.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 17, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IMF warning: AI reshapes 40% of jobs, youth employment declines
Georgieva stated in Bangkok that although AI is boosting global growth to 3%, it will impact 40% of jobs, exacerbate the wealth gap and fiscal pressures, and pose serious challenges for youth employment.
Goldman Sachs and JPMorgan suddenly brake on AI infrastructure financing: Out of $5 billion AI loans, only $1.3 billion are accepted, and even with an 11% high interest rate, they dare not take it all.
JPMorgan and Goldman Sachs have taken the rare step of limiting their exposure to a $5 billion loan sale to artificial intelligence startup Volta Infrastructure Holdings Ltd.
Starbucks (SBUX.US) officially refutes rumors: clearly denies acquiring Chipotle (CMG.US), focuses on "Back to Starbucks" transformation strategy
Starbucks publicly clarified on Monday that the company has not acquired Chipotle Mexican Grill, putting an end to the previous acquisition rumors.