🔴 Quanta Services is trading 7.95% down today amid election-linked data-center rule concerns

Quanta Services is trading at $534.28 (-7.95%) amid continued pressure on AI-power contractors and broader market weakness.

• The November 4 sector selloff followed election-related concerns about future data-center rules; Quanta fell with peers while the S&P 500 rose.
• On November 5, the S&P 500 fell 1.26% and Nasdaq fell 2.42%.
• No new company-specific catalyst surfaced; Quanta had raised its 2026 outlook alongside strong Q3 results, though reports cited valuation concerns.