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NYSE · Electrical Equipment
Babcock & Wilcox Enterpr
$4.28
+0.01 (+0.23%)
BW News3 articles
Babcock & Wilcox stock offering tests rally after 50% weekly surge
Babcock & Wilcox closes $200M stock offering at $18.50 after shares surged 50% on Q1 revenue growth and AI data center demand. Investors watch for dilution impact Monday.
Babcock & Wilcox Shares Surge on AI Data Center Power Demand
Babcock & Wilcox reported a 44% revenue jump to $214.4M, driven by AI data center demand and a $2.4B contract for four natural gas plants.
Babcock & Wilcox Secures $2.4B AI Data Center Power Deal, Shares Surge
Babcock & Wilcox Enterprises has been authorized to begin work on a major $2.4 billion contract to provide natural gas-fired power systems for Applied Digital's AI data center campuses, sending its shares up nearly 31%.