Companhia Paranaense de Energia – COPEL, Algonquin Power & Utilities Corp., American Electric Power Company Inc made yesterday's list of top gainers.
Markets were up yesterday; Dow Jones gained 0.8% and closed at 34,122. S&P 500 ended the session at 4,396.44 after a 0.45% gain.
Yesterday's rise took place amid mixed market indicators — data from United States concerning Pending Home Sales was released yesterday at 14:00 UTC. Newly published figures emphasized continued decline from last month's figure of -0.4% to -2.7% this month.
Yesterday saw a steady up day for markets with several utilities stocks continuing their streaks today. Take a look at the market's Top Gainers:
AEP | Up 2% to $83.26 yesterday
American Electric Power Company Inc dropped to $80.79, hitting its lowest point in 4 weeks. It later recovered $2.47 and closed higher at $83.26. Having set a significant high of $105.18 9 months ago, the electricity provider is trading 22.4% lower. So far this year, it has been under-performing the Nasdaq by 36.03%. AEP's market cap currently stands at $42.86 billion with an average daily trading volume of 3.40 million shares. AEP expected revenue of $4.71 billion with an EPS of $1.14.
+4.88%: Companhia Paranaense de Energia closes at $8.38 after gaining 4.88%
The Brazilian electric utility company went up to $8.38, gaining 4.88%. Companhia Paranaense de Energia is currently trading with a market cap of $22.93 billion with an average daily volume of 403,006 shares. The Nasdaq has been doing worse in 2022, it has been passing it by 2.84%.
+2.19%: Algonquin Power & Utilities is up to $8.52 (+2.4%) in after hours trading after closing yesterday's session at $8.32
The Canadian renewable energy provider went up to $8.32, gaining 2.19%. Currently, the Canadian renewable energy provider has a market capitalization of $5.73 billion with an average daily trading volume of 5.99 million shares. So far this year, it has performed better than the Nasdaq by 0.69%.