Ireland Degges
Last week, Executive Mosaic’s GovCon Index dropped by 0.03%, a small loss that brought its four-week winning streak to a halt.
GovCon Index is an aggregate index that provides a real-time look into the stock market performance of 30 key government contracting companies. Users can leverage this information to track shifts in GovCon market trends as they occur and evaluate the standing of each individual organization.
On Monday, GovCon Index took a turn into negative territory, dropping by 2.15%. Despite these losses, GovCon Index inched upward in the following days and made significant gains on Thursday, when it recorded an increase of 1.74%. This growth was led by Palantir, which rose by 11.25% that day.
Though growth continued on Friday, Monday’s drop brought the week down overall.
To get even more insights on daily GovCon Index performance, check out last week’s market reports. Click here to access the full list of tracked companies.
