NYSE:PCORSoftware
Why Procore Technologies (PCOR) Is Down 8.5% After Securing FedRAMP Moderate Authorization For Government Platform
In late January 2026, Procore Technologies announced that its Procore for Government platform achieved FedRAMP Moderate Authorization, enabling U.S. federal agencies and their contractors to manage sensitive construction projects on a secure, unified system built for Controlled Unclassified Information and public-sector compliance needs.
This federal clearance positions Procore to address a large, complex public construction market that has historically relied on fragmented, outdated tools,...