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Babcock & Wilcox Stock Surges Friday: What's Happening?

Source: benzinga.com

Artificial IntelligenceInfrastructure & DefenseCompany Fundamentals
Babcock & Wilcox Stock Surges Friday: What's Happening?

Babcock & Wilcox shares traded higher after investors assessed a new $130 million utility contract and the company’s expanding role in power infrastructure for AI data centers. The contract supports near-term order activity, while data-center electricity demand provides a potentially favorable longer-term growth catalyst.

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