Why Small-Cap Stock Argan Surged 34% Today to a 52-Week High
Argan(AGX) The Motley Fool·2024-09-07 00:40
The energy and industrials construction company just reported solid numbers.Argan (AGX 26.33%) stock absolutely crushed the markets on Friday, surging 34.4% in early morning trading and hitting a 52-week high. As of 11:15 a.m. ET Friday, the little-known small-cap stock, with a market capitalization of about $1.2 billion, was still up 26%.Argan, which primarily builds energy plants like natural-gas power and renewable energy facilities, fueled investor interest in its stock today after reporting torrid reve ...