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Summary
The Alger Mid Cap 40 ETF underperformed the Russell Midcap Growth Index during the first quarter of 2026, with the NAV returning -7.61% compared to the index's -6.35%.
Comfort Systems USA delivered better-than-expected fiscal fourth-quarter results, highlighted by strong revenue growth, record margins, and a backlog that nearly doubled year over year.
FTAI Aviation launched FTAI Power, a platform to convert retired CFM56 engines into aeroderivative gas turbines capable of supplying electricity to AI-driven data centers, capturing significant investor enthusiasm.
Vertiv Holdings issued full-year revenue guidance well ahead of consensus expectations, reflecting the depth and durability of demand for data center infrastructure.
Astera Labs announced its entry into the optical communications market, a potentially significant new growth vector that will require meaningful research and development investment in the near-term.
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Highlights
During the…