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Shares Of Engineering & Construction Firms Drop

Stock quotes in this article: FLR , FWLT , JEC , KBR  

HARTFORD, Conn. (AP) — Shares of engineering and construction firms fell sharply Monday as profit-taking sank the stocks that have risen in the past several weeks, analysts said.

"These things held up better than most others. On a day like today, people will blow it out," analyst Heiko Ihle of Gabelli & Co. said in an interview.

Broadpoint AmTech analyst Will Gabrielski said investors were profit-taking. "Nothing specific happened today," he said in an interview. ...

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