Why Tetra Tech Inc (TTEK) Is Plunging in 2025?
From Yahoo Finance: 2025-03-29 19:13:00
The construction industry is facing a sharp downturn in 2025, with plunging stocks and projects stalling due to rising financing costs and weakening demand. Tetra Tech Inc (TTEK) is significantly impacted by reduced USAID funding, leading to layoffs and stock decline. Rising input costs and legal settlement costs further affect the company’s performance.
The outlook for construction stocks remains uncertain, with experts predicting a possible rebound later in 2025 if interest rates ease. Tetra Tech Inc (TTEK) ranks 9th on the list of plunging construction stocks, down 25.82% year-to-date. Despite potential investment opportunities, AI stocks are seen as holding greater promise for higher returns within a shorter timeframe.