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Orbital Shares Shoot Higher After Subsidiary Lands 700-Mile Engineering & Construction Project

Shares of Orbital Energy Group Inc. traded 115% higher after the company reported its subsidiary Gibson Technical Services secured a contract to provide approximately 700 miles of turnkey engineering and construction services across Central Mississippi.

Orbital Energy s stock skyrockets on record volume after 700-mile project across Mississippi was awarded

Orbital Energy s stock skyrockets on record volume after 700-mile project across Mississippi was awarded MarketWatch 2 hrs ago MARKET PULSE Shares of Orbital Energy Group Inc. rocketed 76.7% on record volume in afternoon trading Tuesday, after the Texas based diversified energy platform, which operates in the electric power and solar infrastructure services businesses, said its Gibson Technical Services subsidiary was awarded a project for about 700 miles of engineering and construction services across Central Mississippi. The stock is on track for the biggest one-day rally in 10 years, and trading volume of 173.0 million shares is the most since the company went public in October 1997. The full-day average volume over the past 30 days was 1.4 million shares. Orbital said the project is to be completed over the next four years for TEC of Jackson Inc. Construction is scheduled to begin this month. The project is being funded by TEC and the Federal government s Rural Digital O

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