Executive Mosaic’s GovCon Index ended last week with an average of $5,256.32, a 1.07% drop from the previous week.
GovCon Index is an aggregate index that displays real-time data on the stock market performance of 30 notable government contracting companies. Users can leverage this information to evaluate the financial status of each organization and deepen their understanding of key trends in today’s GovCon market.
Multiple companies were able to break through last week’s decline with significant gains, most notably Palantir, which soared to the top of the ranks with an increase of 14.78%. In second place was The Carlyle Group (+7.04%), and Aerovironment followed with gains of 6.58%. Parsons (+6.44%) and V2X (+6.33%) secured fourth and fifth place, respectively.
GovCon Index’s daily performance was mixed last week, with frequent shifts between positive and negative territory. Its highest growth day was Monday, in which the average rose by 1.35%.
For a closer look at daily GovCon Index performance, check out last week’s market reports. To access the full list of tracked companies, click here.