Powell Industries (POWL) Rises But Trails Market: What Investors Should Know

Powell Industries (POWL) closed the latest trading day at $181.51, indicating a +0.01% change from the previous session's end. This change lagged the S&P 500's 1.08% gain on the day. On the other hand, the Dow registered a gain of 0.92%, and the technology-centric Nasdaq increased by 1.41%.Heading into today, shares of the energy equipment company had lost 12.98% over the past month, lagging the Industrial Products sector's loss of 6.99% and the S&P 500's loss of 8.26% in that time.The investment community ...