Why Powell Industries (POWL) Dipped More Than Broader Market Today
POWLPowell(POWL) ZACKS·2024-07-26 06:50

The most recent trading session ended with Powell Industries (POWL) standing at $133.76, reflecting a -1.36% shift from the previouse trading day's closing. This move lagged the S&P 500's daily loss of 0.51%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq lost 0.93%.The the stock of energy equipment company has fallen by 6.62% in the past month, lagging the Industrial Products sector's gain of 0.33% and the S&P 500's loss of 0.26%.Market participants will be closely following the financial resu ...