Executive Mosaic’s GovCon Index recovered from two weeks of losses with gains of 0.71% last week. This change lifted the average to $5,293.78.
GovCon Index is a stock market tracker tailored specifically to the government contracting industry. It displays real-time data on 30 major companies in the field, allowing users to follow the financial performance of each organization while getting a broader picture of current market trends.
Nineteen organizations tracked by GovCon Index grew last week. The Carlyle Group, which rose by 8.31%, was last week’s top performer. V2X (+7.12%) and Curtiss-Wright (+5.65%) were second and third, respectively. Palantir claimed fourth place, increasing by 4.33%, and Jacobs (+3.15%) came in fifth.
GovCon Index started off last week strong with gains of 0.40% on Monday but fell by more than twice that figure the next day. It continued to decline on Wednesday, but the trend was reversed on Thursday, when GovCon Index grew by 0.92%. GovCon Index continued to rise on Friday.
To get even more insights on daily GovCon Index performance, check out last week’s market reports. Click here to view the full list of tracked companies.