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June 24, 2023
Algonquin Power & Utilities is yesterday's top mover after declining 3.59%
Leading equity indices in the US declined as S&P 500 lost 0.77% and ended the session at 4,348.33. After dropping 1%, Nasdaq closed at 13,500.
Today's price action is taking place amid mixed market indicators – United States Services PMI released yesterday at 13:45 UTC with a figure of 54.1, while the previous figure was 54.9.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with 's most active utilities stocks listed below.
Bullish mood lifts Companhia Paranaense de Energia to session high of $8.44
The Brazilian electric utility company gained 4% and stayed at $8.29 levels. Companhia Paranaense de Energia's market cap is currently $22.69 billion with an average daily volume of 409,330 shares. So far this year, it has been outperforming the Nasdaq by 1.95%.
Algonquin Power & Utilities closed at $8.05 after losing 3.59% yesterday
Yesterday's session continued the recent downtrend: after ending Thursday at $8.35, Algonquin Power & Utilities declined to $8.05 yesterday before closing at $8.05, thereby losing 3.59% in total. The company has a market cap of $5.54 billion with an average daily trading volume of 5 million shares. So far this year, it has been under-performing the Nasdaq by 4%.
Yesterday's lacklustre sentiment ensured Ormat Technologies, Inc. slid 2.83%
More of the same from yesterday's session: early in yesterday's session, Ormat Technologies, Inc. dropped to $81.56 from $83.96 at the end of Thursday, before closing at $81.58. During the session, it lost 2.83%. The renewable geothermal specialist's market cap currently stands at $4.87 billion with an average daily trading volume of 384,635 shares.
