Why Energy Services of America Corp (ESOA) Is Plunging in 2025?
From Yahoo Finance: 2025-03-29 19:13:00
Construction stocks are plunging in 2025, including Energy Services of America Corp (NASDAQ:ESOA). The industry is facing a slowdown with the U.S. GDP expected to contract and residential and commercial projects stalling. ESOA’s stock is down 24.25% year-to-date, despite revenue growth. Management attributes reduced profitability to weather challenges and project timing. ESOA ranks 12th on the list of plunging construction stocks. Consider AI stocks for potentially higher returns. Hedge fund investors are closely monitoring these stocks for performance.
Read more at Yahoo Finance: Why Energy Services of America Corp (ESOA) Is Plunging in 2025?