Great Lakes Dredge & Dock shares are trading higher after the company announced the receipt of several dredging awards totaling $342.3 million.
Portfolio Pulse from Benzinga Newsdesk
Great Lakes Dredge & Dock shares rose following the announcement of new dredging contracts worth $342.3 million.
October 02, 2024 | 3:19 pm
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Great Lakes Dredge & Dock announced new dredging contracts worth $342.3 million, leading to a rise in its stock price.
The announcement of significant new contracts is likely to positively impact GLDD's revenue and future earnings, leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100