Babcock & Wilcox stock hits 52-week high at 10.98 USD
Babcock & Wilcox Enterprises stock has reached a new 52-week high of $10.98 USD, marking a significant 684.89% surge over the past year. This achievement reflects the company's strong performance and strategic initiatives, including a $40 million contract for Wet Gas Scrubbing technology, a limited notice to proceed on an $80 million carbon capture project, and a partnership with Siemens Energy for a one-gigawatt power project. The company also redeemed $26 million in senior notes and expanded its Board of Directors.
https://www.investing.com/news/company-news/babcock--wilcox-stock-hits-52week-high-at-1098-usd-93CH-4482172