Select Water Solutions, Inc. shares rise 1.39% premarket after Tetra Tech wins $10 million contract to modernize water systems in California.

Select Water Solutions, Inc. rose 1.39% in premarket trading. The company's stock price increase may be attributed to the recent news of Tetra Tech, Inc. winning a $10 million contract to modernize the process control system for West Basin Municipal Water District's advanced water recycling facilities. This contract will enhance operational efficiency, cybersecurity, and reliability, which could positively impact the water solutions industry. Additionally, Jacobs Solutions Inc. has secured multiple contract wins and renewals for operations and maintenance (O&M) services, reinforcing its presence in the water and wastewater utility O&M industry in the Western U.S. These developments suggest a growing demand for water solutions and infrastructure modernization, which could benefit Select Water Solutions, Inc.