🔴 Powell Industries is trading 10.85% down today amid AI investment and infrastructure spending concerns

Powell Industries is trading at $144.27, down 10.85% on November 4, 2026, amid broader data-center sector pressure.

• No clear company-specific announcement explains the decline. Powell Industries’ November 3 releases concerned a $0.09 quarterly dividend and scheduled November 16 fiscal-year results, not reported results or a new operating event.
• Reuters reported data-center stocks fell after Democrats won control of Congress, as investors worried about greater scrutiny of AI investment and slower infrastructure spending.