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Babcock & Wilcox shares jump 12.55% intraday after subsidiary secures $17M+ contract for U.S. coal plant steam piping upgrades.
ByAinvest
Thursday, Nov 20, 2025 10:39 am ET1min read
Babcock & Wilcox surged 12.55% intraday as its subsidiary secured a $17M+ contract for steam and reheat piping installation at a U.S. coal plant to enhance efficiency and reliability. The company operates as a power generation equipment supplier and service provider in thermal, renewable, and environmental sectors, specializing in power plant maintenance services.
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