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GovCon Index Dropped for 2nd Consecutive Week

GovCon Index Dropped for 2nd Consecutive Week
GovCon Index

Executive Mosaic’s GovCon Index recorded losses for the second week in a row, decreasing by 0.92% last week. This change lowered the average to $4,953.15.

GovCon Index is an aggregate index that gathers and presents real-time data on the stock market performance of 30 notable government contracting enterprises. Users are able to leverage this information to evaluate the success of each individual company while getting a glimpse into the wider trends at play in today’s GovCon market.

Overall losses did not stop every company from growing. Palantir, last week’s top performer, rose by 7.52%. Boeing took second place with gains of 7.11%.

Despite these wins, a drop of 0.37% on Friday indicated a continuation of GovCon Index’s general downward trend. 

To get a closer look at daily GovCon Index performance, check out last week’s market reports. View the full list of tracked companies here.

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Written by Ireland Degges

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