Shares of BWX Technologies Inc (BWXT) tumbled 5.94% on Tuesday, following the release of the company's third-quarter financial results and the announcement of a key executive departure.
The nuclear power generation equipment manufacturer saw its stock price drop to $200.29 during the trading session. While specific details of the Q3 results were not provided, the market reaction suggests investors were disappointed with the company's performance or outlook.
Adding to the pressure on the stock, BWX Technologies announced that Ronald O. Whitford, Jr. has stepped down from his roles as Senior Vice President, General Counsel, Chief Compliance Officer, and Corporate Secretary, effective November 4, 2025. Whitford will remain with the company as Special Advisor to the Chief Executive Officer during a transition period. The company expects to appoint a successor within the coming week.