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Home Financial Reports

GovCon Index Fell for 3rd Consecutive Week

by Ireland Degges
June 18, 2024
in Financial Reports, News
Decline_272x270

Decline_272x270

Last week, Executive Mosaic’s GovCon Index recorded its third straight week of losses, dropping by 1.34%.

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GovCon Index is an aggregate index that follows the stock market performance of 30 staple government contracting companies. Users are able to leverage the real-time information it offers to evaluate major trends shaping today’s GovCon landscape as well as the success of each tracked organization.

With an increase of 6.4%, Aerovironment took the lead last week, during which the majority of companies monitored by GovCon Index fell.

On Friday, GovCon Index closed at $4,886.91, a 0.42% decrease from the day before and a continuation of the ongoing downward trend. This year overall, GovCon Index has risen by 4.7%.

Check out last week’s market reports for an in-depth look into daily GovCon Index performance. To access the complete list of tracked companies, click here.

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