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Home Financial Reports

GovCon Index Continued Downward Trend Last Week

by Ireland Degges
June 11, 2024
in Financial Reports, News
Decline_272x270

Decline_272x270

Executive Mosaic’s GovCon Index closed with an average of $4,953.15 last week, a 0.92% decrease that carried GovCon Index into its second consecutive week of losses.

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GovCon Index is an aggregate index that offers users a look at real-time stock market data from 30 notable government contracting companies. With this information, individuals can observe the performance of each tracked company and strengthen their understanding of the most notable trends in today’s GovCon market.

Despite last week’s decline, multiple contractors recorded significant growth. Palantir claimed first place last week, rising by 7.52%, and Boeing (+7.11%) also showed success.

GovCon Index finished out the week in negative territory, falling by 0.37% on Friday.

For more information on daily GovCon Index performance, check out last week’s market reports  Click here to view the full list of tracked companies.

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About ExecutiveGov

ExecutiveGov, published by Executive Mosaic, is a site dedicated to the news and headlines in the federal government. ExecutiveGov serves as a news source for the hot topics and issues facing federal government departments and agencies such as Gov 2.0, cybersecurity policy, health IT, green IT and national security. We also aim to spotlight various federal government employees and interview key government executives whose impact resonates beyond their agency.

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