Shares of Babcock & Wilcox Enterprises jumped 27% after the company raised its EBITDA guidance. Management attributed the improved outlook to increased backlog from new data-center energy projects, a fundamental catalyst the report expects will sustain the price re-rating and rally.
Shares of Babcock & Wilcox Enterprises jumped 27% after the company raised its EBITDA guidance. Management attributed the improved outlook to increased backlog from new data-center energy projects, a fundamental catalyst the report expects will sustain the price re-rating and rally.
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strongly positive
Sentiment Score
0.70
Ticker Sentiment
