IES Holdings is trading 4% up now at $754.21 as investors continue to digest its recent blowout fiscal Q3 results and a record backlog tied to booming data center demand.

  • The company's performance is underpinned by a record backlog of projects, specifically driven by the rapid expansion of data center infrastructure.
  • The upward move aligns with a broader rally in the industrials sector and supportive risk-on sentiment across U.S. equity markets.