Sterling Surges to 488th in Market Rankings with 1.58 Billion Shares Traded Amid $505 Million Acquisition

On June 17, 2025, Sterling (STRL) saw a significant increase in trading volume, with a total of 1.58 billion shares traded, marking a 30.9% rise from the previous day. This surge placed Sterling at the 488th position in the daily stock market rankings. The stock price of Sterling rose by 5.75%, marking its second consecutive day of gains, with a total increase of 9.16% over the past two days.

Sterling Infrastructure, Inc. has announced a significant acquisition, agreeing to purchase CEC Facilities Group for a total of $505 million. This deal includes $450 million in cash and $55 million in Sterling common stock. The acquisition is expected to enhance Sterling's capabilities in the electrical and mechanical contracting sectors, further solidifying its position in the infrastructure services market.

This strategic move by Sterling is part of its broader initiative to expand its service offerings and geographic reach. The acquisition of CEC Facilities Group aligns with Sterling's focus on E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. By integrating CEC's expertise, Sterling aims to strengthen its presence in key markets and enhance its ability to serve large, blue-chip end users in various sectors, including e-commerce, data centers, and energy.