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Stock impact report

Why Mayville Engineering (MEC) Stock Is Up Today [Yahoo! Finance]

Mayville Engineering Company, Inc. (MEC) 
Last mayville engineering company, inc. earnings: 2/26 05:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
a broad market rally saw major indexes advance to begin the holiday-shortened week. The positive sentiment was widespread, with the S&P 500, tech-heavy Nasdaq, and the Dow Jones Industrial Average all posting gains. This bullish momentum appeared to continue a trend from the end of the previous week, where artificial intelligence (AI) related trades helped lift markets. The advance was not limited to large companies, as a gauge of smaller firms also climbed, indicating broad participation in the rally that pushed equities higher. The shares closed the day at $18.44, up 5.9% from previous close. Is now the time to buy Mayville Engineering? Access our full analysis report here Mayville Engineering's shares are somewhat volatile and have had 13 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote Show less Read more
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