Why Aecom Stock Crashed to a 52-Week Low This Week
The engineering and construction giant slashes its 2026 guidance just months after raising it. What's happening?
Overview
Aecom (NYSE: ACM) is an engineering and consulting giant that designs highways, transit lines, and water systems, and then manages the contractors who actually build them.
This week showed investors how important that distinction is as someone else's work hurt Aecom, sending its shares down 17.9% to a 52-week low of $60.35 as of Friday noon, according to data provided by S&P Global Market Intelligence.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.