Maximus, Inc. (MMS) shares tumbled 12.96 percent, down $12.14, to $81.55 on Thursday, as investors reacted to the company's first-quarter results, which showed higher earnings but a decline in revenue.
The stock was trading at $77.75, compared with a previous close of $93.69 on the New York Stock Exchange. Shares opened at $91.05 and moved between an intraday low of $77.67 and a high of $98.77. Trading volume stood at about 0.39 million shares, below the average daily volume of roughly 0.61 million shares.
Maximus reported net income of $93.94 million, or $1.70 per share, up from $41.19 million, or $0.69 per share, a year earlier. Revenue for the quarter declined 4.1 percent to $1.345 billion from $1.402 billion last year. The stock is trading within its 52-week range of $63.77 to $100.00.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.