Parsons shares drop 38% following $118 million in charges and lower 2026 outlook
Shares of Parsons Corporation dropped 37.8% to $38.59 as of 12:42 p.m. EDT. The company reported $118 million in charges and revised its 2026 forecast downward.
Biggest Stock Losers Today: LEGN, MRVL, UL and More Slide as Wall Street Braces for a Fed Rate Cut (December 8, 2025)
Wall Street kicked off “Fed week” in a cautious mood on Monday, December 8, 2025. U.S. stock futures ticked slightly higher, with the S&P 500 hovering just below record territory as traders priced in an ~85–90% chance of another 25‑basis‑point rate cut at the Federal Reserve’s final meeting of the year. TechStock²+1
Parsons Corporation (PSN) Stock Plunges After FAA Contract Loss: December 5, 2025 News, Forecasts and Investor Outlook
Parsons Corporation, a U.S. defense and infrastructure engineering firm, saw its stock price collapse on Friday, December 5, 2025, after the company unexpectedly lost a multibillion‑dollar Federal Aviation Administration air traffic control contract to rival Peraton. The sell‑off came despite Parsons announcing several major defense and infrastructure wins the same day, leaving investors to weigh a sharp setback against a still‑strong long‑term pipeline. Reuters+2RTTNews+2
Biggest Stock Losers Today (December 5, 2025): Parsons, Adaptive Biotechnologies, SentinelOne, SoFi and More Slide Despite Calm Markets
U.S. stocks ended Friday modestly higher, but under the surface December 5, 2025 was a rough day for a cluster of high‑beta tech, Brazilian financials, streaming, and crypto‑linked names.
Parsons Corporation (PSN) Stock Plunges After FAA Contract Loss – But New $3.5 Billion Defense Wins Keep the Long‑Term Story Alive (December 5, 2025)
Parsons Corporation just had one of its wildest trading days since going public. On Friday, December 5, 2025, the stock suffered a sharp double‑digit drop after the U.S. Federal Aviation Administration chose rival Peraton—not Parsons—as prime integrator for the massive “Brand New Air Traffic Control System” modernization program. Reuters+1
Parsons Corporation (PSN) Stock Plunges After FAA Contract Loss: What December 5, 2025 Means for the Outlook
Parsons Corporation is having one of its most volatile trading days since going public. After months of anticipation, the U.S. Federal Aviation Administration chose rival Peraton—not Parsons—as the prime integrator for the massive “Brand New Air Traffic Control System” overhaul.
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