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NYSE:MTZ 8 January 2026

MasTec stock drops nearly 9% in Thursday trade as infrastructure contractors slide — what to watch next

MasTec stock drops nearly 9% in Thursday trade as infrastructure contractors slide — what to watch next

MasTec shares dropped 8.9% to $214.86 Thursday afternoon, falling $20.89 on the day after opening near $236. The decline came as Quanta Services, Dycom Industries, and EMCOR Group also fell, despite little change in broader indexes. The drop followed a bullish price target raise from KeyBanc. MasTec recently reported record Q3 revenue and a backlog of $16.8 billion as of September 30, 2025.
8 January 2026
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Stock Market Today

  • Social Security COLA May Reach 4.7% in 2027 Amid Rising Inflation
    June 10, 2026, 11:23 AM EDT. Social Security's cost-of-living adjustment (COLA) could rise to 4.7% in 2027 as inflation hits a three-year high. The COLA aims to protect benefits from eroding due to inflation, reflecting the change in consumer prices. According to the Senior Citizens League, 44% of older Americans rely entirely on Social Security for their income, underscoring the significance of this adjustment for many retirees facing higher living costs.

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