Argan is trading 5.4% up at $581.04 as investors refocus on the company's record AI-linked power backlog and its strategic role in building infrastructure for data centers.
- The stock is rebounding following last week’s tech-led volatility and a broader market rotation into energy-linked infrastructure.
- Argan is positioned as a key builder of natural gas and renewable plants, supported by a multi-billion-dollar project pipeline and a strong growth outlook.