Here's Why Powell Industries (POWL) Gained But Lagged the Market Today

Powell Industries (POWL) closed at $173.22 in the latest trading session, marking a +0.15% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1.81%. Elsewhere, the Dow saw an upswing of 1.56%, while the tech-heavy Nasdaq appreciated by 2.06%.The energy equipment company's shares have seen an increase of 3.77% over the last month, surpassing the Industrial Products sector's loss of 11.25% and the S&P 500's loss of 6.14%.Market participants will be closely following the f ...