Executive Mosaic’s GovCon Index has fallen by more than 2% in the last two weeks, closing with an average of $4,947.67 in this most recent period. If the index continues its December deficit, it could result in a fourth consecutive monthly loss.
GovCon Index tracks and displays real-time stock market data on 30 major public government contracting organizations. This data is presented daily for site visitors to gain insight into the performance of each individual company and to understand the overall trends moving the GovCon market.
GovCon Index’s Stretch of Decline
The GovCon Index has declined 4.95% overall throughout the first half of December.
The index’s worst recorded months in 2024 have been September, with a 3.05% decrease, followed by October and November, with a 0.24% and 2.87% decline. Prior to its streak of monthly loss, the GovCon Index had one of its best months in August, increasing 4.74%.
Weekly Gains & Declines
Overcoming overall loss, Palantir Technologies, a data analytics firm, grew by 13.40%, followed by Boeing, which experienced a 9.14% increase. On the other hand, AeroVironment declined 19.54% during the period.
Five stocks, including CACI International and Booz Allen Hamilton, dropped between 9% and 11%.
Visit GovConIndex.com to view the complete list of tracked companies and gain insight into daily GovCon Index performance.
