BE

Babcock & Wilcox Enterprises

BW
NYSEIndustrials
$15.61
USD
+0.83(+5.62%)
At close: Apr 30, 19:59 UTC
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Open

$15.69

Prev. Close

$15.70

High

$15.69

Low

$15.59

Market Snapshot

Market Cap

$1.64B

P/E Ratio

-32.2

EPS

-0.82

Revenue

$534.61M

Why BW moved

Babcock & Wilcox Enterprises is facing a securities class action lawsuit for allegedly misleading investors regarding a significant $2.4 billion contract, leading to an 11.59% stock drop.

About

Babcock & Wilcox Enterprises, Inc. engages in the provision of fossil and renewable power generation and environmental equipment. The company is headquartered in Akron, Ohio. The company went IPO on 2015-06-16. The firm operates through three segments: Babcock & Wilcox Renewable, Babcock & Wilcox Environmental, and Babcock & Wilcox Thermal. Its Babcock & Wilcox Renewable segment offers technologies for environmentally sustainable power and heat generation, including waste-to-energy, oxygen-fired biomass-to-energy and black liquor systems for the pulp and paper industry. Its Babcock & Wilcox Environmental segment provides emissions control and environmental technology solutions for utility, waste-to-energy, biomass-to-energy, carbon black, and industrial steam generation applications around the world. Its Babcock & Wilcox Thermal segment provides steam generation equipment, aftermarket parts, construction, maintenance and field services for plants in the power generation, oil and gas, and industrial sectors.

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