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May 25, 2023New Fortress Energy is today's top mover after declining 5.79%
Markets completed a mixed session today, as Nasdaq ended the session at 12,700 after a 1.71% gain. S&P 500 closed the day at 4,151.28, having gained 0.88%.
Today's muted price action is occurring amid mixed market indicators – highly important Pending Home Sales data from United States beat analyst expectations of 0.5% with a reading of 0%.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. today's most active utilities stocks are listed below.
New Fortress Energy ticks up 1.53% in after hours trading; currently at $26.6
Today's session continued the recent downtrend: after ending yesterday at $27.81, New Fortress Energy Inc. dropped to $26.11 early in today's session and closed at $26.2. In total, it lost 5.79%. The integrated gas-to-power company's market cap currently stands at $5.37 billion with an average daily trading volume of 1.32 million shares.
American Electric Power | Closed down 3.13% at $82.5 today
Today's session ended at $85.17; today, the American electric utility company dropped to its lowest point in 7 months at $81.5. It later recovered $1 and is now trading at $82.5. The American electric utility company is now trading 19% below the significant high of $105.18 it set around 8 months ago. So far this year, it has been doing worse than the Nasdaq by 27.02%. The company's market cap currently stands at $42.47 billion with an average daily volume of 2.44 million shares. AEP expected revenue of $4.71 billion with an EPS of $1.14.
Algonquin Power & Utilities | Closed down 2.34% at $8.33 today
Having fallen 5 cents in 3 days, More of the same from today's session: early in today's session, Algonquin Power & Utilities dropped to $8.26 from $8.53 at the end of yesterday, before closing at $8.33. During the session, it lost 2.34%.
