Everus Construction Group, Inc.

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Investigation Details

Everus released its fourth quarter 2024 financial results on February 11, 2025, revealing that “backlog conversion may be extended relative to [the] historical pattern over the coming quarters” as its average project size is getting “larger, more complex and longer.”

Following this news, Everus’s stock price fell over 27% on February 13, 2025, thereby injuring investors.