--- title: "TaskUs, Amentum, Napco, and Tetra Tech Shares Skyrocket, What You Need To Know" type: "News" locale: "en" url: "https://longbridge.com/en/news/291838196.md" description: "TaskUs, Amentum, Napco, and Tetra Tech shares surged following the ISM Services PMI report, which showed the sector expanded for the 24th consecutive month in June. The PMI reading of 54% indicates resilient economic activity. TaskUs, Amentum, and Napco rose approximately 3.9%, while Tetra Tech jumped 4.5%. Tetra Tech's gain was further supported by strong forward earnings guidance that beat analyst estimates, despite its stock trading below its 52-week high." datetime: "2026-07-06T19:40:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291838196.md) - [en](https://longbridge.com/en/news/291838196.md) - [zh-HK](https://longbridge.com/zh-HK/news/291838196.md) --- # TaskUs, Amentum, Napco, and Tetra Tech Shares Skyrocket, What You Need To Know **What Happened?** A number of stocks jumped in the afternoon session after the ISM Services PMI Report showed the business services sector continued to expand in June. The Institute for Supply Management (ISM) reported that its Services PMI® registered 54 percent. While this is a slight decrease of 0.5 percentage point from May's reading of 54.5 percent, it marks the 24th consecutive month of growth for the sector. A PMI reading above 50 percent indicates that the services sector economy is generally expanding. The sustained period of expansion suggests a resilient economic backdrop for service-oriented companies, signaling healthy business activity and demand. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: - Business Process Outsourcing & Consulting company TaskUs jumped 3.9%. Is now the time to buy TaskUs? Access our full analysis report here, it’s free. - Government & Technical Consulting company Amentum jumped 3.9%. Is now the time to buy Amentum? Access our full analysis report here, it’s free. - Specialized Technology company Napco jumped 3.6%. Is now the time to buy Napco? Access our full analysis report here, it’s free. - Industrial & Environmental Services company Tetra Tech jumped 4.5%. Is now the time to buy Tetra Tech? Access our full analysis report here, it’s free. **Zooming In On Tetra Tech (TTEK)** Tetra Tech’s shares are not very volatile and have only had 8 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 8 months ago when the stock gained 16.2% on the news that the company reported third-quarter results that significantly beat Wall Street's expectations for both revenue and profit. The company reported revenue of $1.23 billion, which was 17.3% higher than the $1.05 billion analysts had estimated. Its earnings per share of $0.48 also came in 18.5% above the consensus forecast. Looking ahead, while Tetra Tech's revenue forecast for the next quarter was largely in line with expectations, its guidance for the upcoming fiscal year's earnings was a significant positive. The company projected earnings of $1.48 per share at the midpoint, beating analyst estimates. This strong forward-looking profitability appears to have overshadowed any near-term concerns, driving a wave of buying from investors. Tetra Tech is down 7.2% since the beginning of the year, and at $31.24 per share, it is trading 26.7% below its 52-week high of $42.61 from February 2026. Despite the year-to-date decline, investors who bought $1,000 worth of Tetra Tech’s shares 5 years ago would now be looking at an investment worth $1,249. **ALSO WORTH WATCHING: Nvidia’s Quiet Partner.** Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all. Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. ### Related Stocks - [TASK.US](https://longbridge.com/en/quote/TASK.US.md) - [AMTM.US](https://longbridge.com/en/quote/AMTM.US.md) - [NSSC.US](https://longbridge.com/en/quote/NSSC.US.md) - [TTEK.US](https://longbridge.com/en/quote/TTEK.US.md) ## Related News & Research - [TTEK: Q3 delivered strong revenue growth, record cash flow, and raised FY26 guidance](https://longbridge.com/en/news/294263300.md) - [Tetra Tech (TTEK) Lands Design Role For Largest US Dedicated PFAS Treatment Facility](https://longbridge.com/en/news/293540398.md) - [Norwegian Cruise Line is down 19% this year and reports earnings July 30. Is now the time to buy?](https://longbridge.com/en/news/293967038.md) - [13% below its IPO price, is SpaceX stock a buy?](https://longbridge.com/en/news/293826269.md) - [Micron stock crashed 30%. Is now the time to buy?](https://longbridge.com/en/news/294097856.md)