🔴 MasTec is trading 14.5% down today as investors take profits following record Q2 results and guidance raise

MasTec is trading 14.5% down at $277.50 in pre-market action, reversing yesterday’s post-earnings surge as investors reassess valuation after a sharp weekly run-up.

• The pullback follows the company reporting record Q2 results and a major full-year EPS guidance raise, alongside a strategic AI-focused data center acquisition.
• Market sentiment shifted toward profit-taking as investors digest the recent gains and evaluate the company's valuation following the positive updates.