🟢 Sterling Construction is trading 4.36% up today as confidence in accelerating data-center demand returns

Sterling Construction is trading 4.36% up at $559.38, with the rebound appearing tied to renewed confidence in accelerating data-center demand.

• The August 3 report showed $1.17 billion in second-quarter revenue, $5.80 adjusted EPS and higher full-year guidance.
• Investors initially focused on margin and business-mix concerns.
• The August 6 rebound also reflects the company’s $5.6 billion backlog, rather than a new announcement.