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Why Did Babcock & Wilcox Stock Jump Nearly 32% In Afterhours Trading? - Babcock & Wilcox (NYSE:BW)

Babcock & Wilcox Enterprises Inc. (NYSE:BW) shares jumped 31.82% to 4.93intheafterhourssessiononTuesday.Thecompanyclosedregulartradingat4.93 in the after-hours session on Tuesday. The company closed regular trading at 3.74.B&W released four announcements on Tuesday: a 1.5billionAIdatacentercontractwithAppliedDigitalCorp.(NASDAQ:APLD),thirdquarterearningsresults,the1.5 billion AI data center contract with Applied Digital Corp. (NASDAQ:APLD), third-quarter earnings results, the 29 million sale of the Allen-Sherman-Hoff business, and plans to redeem all remaining February 2026 bonds.Check out the current price of BW stock here.According to Benzinga Pro data, BW closed ...