Argan Inc (NYSE: AGX) closed up 37.9% on March 27, 2026. The company builds natural gas and renewable power generation facilities across the United States, and the stock's move came against a backdrop that the data had been flagging for several weeks: rising search interest in power plant construction and a well-documented backlog of contracted work driven by AI data center power demand.
What the Data Was Showing Before the Move
Paradox Intelligence Google Search data for terms related to power plant construction and capacity constraints showed a sustained upward trend over the 12 months prior