Arq Drops 4.6% Ahead of Next Major GAC Test
Arq, Inc. shares fell 4.6% to $2.60, hitting a session low Wednesday as investors pressed for details on its delayed granular activated carbon project. The company reported a Q1 net loss of $0.8 million on $29.1 million revenue and named Shimon Steinmetz as incoming CFO. Chief Accounting Officer Stacia Hansen will leave June 12. Arq maintained its 2026 financial guidance.