Why Argan Stock Ascended Today
Shares of Argan (AGX +37.98%) spiked on Friday after the engineering company reported stronger-than-expected quarterly profits. AI-fueled gainsWith nearly two decades of experience in power plant construction, Argan is well positioned to profit from soaring demand for cost-effective energy infrastructure required by artificial intelligence (AI) factories.Argan's revenue rose 13% year over year to $262 million in its fiscal 2026 fourth quarter, which ended on Jan. 31.NYSE : AGXArganToday's Change( 37.98 %) ...