VSE Corporation (VSEC): Robust Aviation Demand Offset by Integration and Debt Concerns

Fred Alger Management, an investment management company, released its third-quarter 2026 investor letter for “Alger Weatherbie Specialized Growth Fund”. The letter can be downloaded here. U.S. equities edged higher in Q3 (S&P 500 +2%) in the quarter, supported by solid earnings and AI investments, though narrow market breadth left roughly 60% of index stocks in negative territory. Macro headwinds intensified as Middle East conflicts pushed oil above $100/barrel, driving Energy gains...