Mayville Engineering Company (MEC) Stock Surged Due to Strong Performance in Q2 2026
Riverwater Partners' Micro Opportunities Strategy highlighted Mayville Engineering Company, Inc. (NYSE: MEC), noting that it was the portfolio's largest contributor during Q2 2026 with a stock price increase of approximately 109%. The firm attributed this performance to growing demand in trucking, agriculture, and military markets as well as increased interest in domestic manufacturing capacity. MEC closed at $30.41 per share on July 23, 2026, with a market capitalization of $775.27 million. The stock gained 88.88% over the past year but declined by -17.81% in one month prior to this report. Riverwater trimmed its position in MEC during Q2 as part of their sizing discipline for rapidly rising stocks, while noting that total sales increased 6.8% year-over-year to $144.8 million in the first quarter.
Topics: market performance Mayville Engineering Company (MEC) micro-cap stocks Riverwater Partners