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May 17, 2023
AES is yesterday's top mover after declining 5.18%
Leading equity indices in the US declined as Dow Jones closed at 33,000, a 1% change. S&P 500 lost 0.64% and ended the session at 4,110.
Today's price action is taking place amid mixed market indicators – United States Building Permits (Apr) came out at 1.42 million, while a consensus of analysts was expecting 1.44 million.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. yesterday's most active utilities stocks are listed below.
AES suffers weak session with 5.18% loss; downside halted at $20.75
Yesterday's session continued the recent downtrend: after ending Monday at $22, AES Corp declined to $20.75 yesterday before closing at $20.85, thereby losing 5.18% in total. AES is currently trading with a market cap of $13.96 billion with an average daily trading volume of 5.64 million shares. So far this year, it has been under-performing the S&P by 32.37%.
New Fortress Energy closed at $27.84 (down 4.56%) and added one more to its 5th straight day of losses
More of the same from yesterday's session: early in yesterday's session, New Fortress Energy dropped to $27.49 from $29.17 at the end of Monday, before closing at $27.84. During the session, it lost 4.56%. Currently, the clean energy provider has a market capitalization of $5.93 billion with an average daily volume of 1.20 million shares.
UGI Corporation | Closed yesterday's session at $27.27
UGI Corporation hit a significant low of $27.27 around a day ago, but has since recovered 3.67%. So far this year, it has been doing worse than the Nasdaq by 43.43%. America's largest propane marketer's market cap currently stands at $5.71 billion with an average daily volume of 1.54 million shares. UGI Corporation's last revenue report was $3.11 billion with an EPS of $1.68.
