NYSE:PSNProfessional Services
Bastion’s Parsons Bet Highlights Tension Between Volatile Trading And Long Term Themes
Bastion Asset Management has opened a significant new equity position in Parsons (NYSE:PSN).
The holding ranks as a substantial position within Bastion’s portfolio.
The move adds a new institutional holder to Parsons, which focuses on government and critical infrastructure projects.
Parsons, traded on the NYSE under the ticker PSN, works across defense, intelligence, and critical infrastructure, areas that often rely on long term federal and public sector contracts. For investors watching...