MasTec is trading 4.1% down at $230.78 amid broad market selling tied to hotter-than-expected producer inflation, higher interest-rate expectations, and Brent crude moving above $100 amid escalating U.S.-Iran tensions.
- Industrials are down 1.50%, while major U.S. indexes are also lower.
- No clear company-specific announcement explains the September 10 decline.
- MasTec’s latest reported results instead showed record revenue, backlog, and upgraded guidance.