Babcock & Wilcox Enterprises is trading at $3.42, down 7.32%, amid concerns that tighter scrutiny of data-center construction could slow AI infrastructure investment.
- Reuters reported AI- and data-center-linked stocks slipped on November 5 as investors weighed the potential impact of the midterm results; the sector pressure is relevant to the company’s power-generation exposure, but no new company-specific catalyst was found.
- The company’s third-quarter results are scheduled for November 9.