🔴 AGX is trading 6.3% down today as investors lock in gains after a post-earnings rally

AGX is trading 6.3% down now at $679.84 as investors engage in profit-taking following a significant post-earnings surge.

• The stock recently reached record levels on the back of strong fiscal first-quarter results and a robust backlog tied to AI and power demand.
• Shares became technically extended after the rally and a dividend declaration, leaving the price vulnerable to a pullback.
• Traders are currently locking in gains following the stock's recent outperformance.