Granite Wins $45M Contract From Caltrans, GVA Stock Jumps

Banking on its contract-winning spree, Granite Construction Incorporated's (GVA) stock witnessed a jump of 1.5% in the after-hour trading session on Tuesday. Investors might have sensed a strong prospect for the company's top line in the future as it unveiled a $45 million deal from the California Department of Transportation (Caltrans). GVA's experts will reconstruct and modernize the John Wilkie Safety Roadside Rest Area along the Interstate 40 (I-40) corridor to improve safety and infrastructure. A moder ...