Skip to main content

Market Overview

Why Tutor Perini's Stock Is Trading Lower Today

Share:

Tutor Perini Corp (NYSE: TPC) shares are trading lower on Thursday, after the company announced the termination of discussions for a potential acquisition due to volatile market conditions.

Tutor Perini offers general contracting, construction management, and design-build services to private and public customers. The company constructs and repairs transportation infrastructure, water-treatment facilities, and a wide range of buildings. It plans and schedules the manpower, equipment, materials, and subcontractors required for a project.

Tutor Perini shares were trading down 7.79% at $6.56 at the time of publication Thursday. The stock has a 52-week high of $19.48 and a 52-week low of $2.61.

 

Related Articles (TPC)

View Comments and Join the Discussion!

Posted-In: why it's movingNews Contracts

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com