Powell Industries stock jumps 10.6% to start 2026 as investors eye jobs data and Feb. earnings
NEW YORK, Jan 4, 2026, 10:39 ET — Market closed Powell Industries, Inc. (POWL.O) shares jumped 10.6% on Friday to close at $352.52, adding $33.74 from the prior close, Nasdaq data showed. About 252,000 shares changed hands. Nasdaq The outsized move puts a spotlight on companies tied to electrical infrastructure just as investors reset portfolios for the new year. For Powell, attention is likely to land on its order book and margins, with the next earnings update approaching in early February. The rally came as Wall Street opened 2026 on a firmer note on Friday, with industrials and utilities among