Several key publicly-traded companies serving the Department of Energy’s weapons complex saw their share prices first decline, some by as much as 10%, and then bounce back in roughly a week’s time.
The stock market went in a nosedive over much of the past week after President Donald Trump announced aggressive tariffs on goods from other nations. It then bounced back dramatically on Wednesday April 9, after Trump postponed imposition of most tariffs 90 days.
Below is a brief look at where key company stocks were on April 2, around the time the tariffs were imposed, and the closing price per share on Thursday April 10.
Amentum share price was $17.60 on April 2; $17.98 when the market closed on April 10.
BWX Technologies was $100.50; rallied to $101.08 on April 10
Fluor was $35.54, bounced back to $33.07.
Honeywell International was $212.50, fell to $193.39.
Huntington Ingalls Industries was $201.00; closed April 10 at $201.15.
Leidos was $133.17 and rallied to $139.72.
Parsons was $59.00 on April 2, bounced back to $63.27 on April 10.
It is worth noting that all these companies perform large-scale government contracting and engineering and construction for energy and infrastructure projects, not retail trade.
