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Why Orion Group Holdings Inc (ORN) stock price fluctuated on Thursday?

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Orion Group Holdings Inc. (ORN) shares lost 0.16% to trade at $6.13 in after-market on Thursday, May 20, 2021. Earlier, ORN’s stock gained 2.16% to close Thursday’s session at $6.14. ORN shares have surged 170.48% over the last 12 months, and they have jumped 9.06% in the past week. Over the past three months, the stock has gained 4.42%, while over the past six months, it has added 55.84%.

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Let’s see what are the latest news about Orion Group Holdings Inc.


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Orion Group received contract awards 

On May 20, 2021, Orion Group Holdings Inc announced three contract awards for its Concrete segment in each of its key markets, totaling approximately $17 million.

The company also received two more contract awards totaling approximately $38 million.

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Financial results announcement

On April 28, 2021, Orion Group Holdings Inc announced its financial results for the first quarter ended March 31, 2021.

Q1 2021 financial highlights

Conclusion

Well, as of this writing we have some positive news from yesterday but it is a bit strange that ORN stock faced negativity in the after-market session on Thursday. we hope that ORN will end the week on a positive note.

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