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July 04, 2023
Algonquin Power & Utilities Corp., CMS Energy Corp, AES Corp made yesterday's list of top gainers.
Leading equity indices in the US rose as Nasdaq ended the session at 13,817 after a 0.21% gain. S&P 500 gained 0.12% and closed at 4,455.59.
More data out yesterday as United States ISM Manufacturing PMI (Jun) came out at 46, while a consensus of analysts was expecting 47.2.
Have a look at yesterday's biggest gainers:
AES | Closed +1.64% at $21.07
The power plant operator is now trading 29.18% below the significant high of $29.27 it set around 6 months ago. So far this year, it has been under-performing the S&P by 39.54%. The company is currently trading with a market cap of $14.10 billion with an average daily trading volume of 7.72 million shares. AES expected revenue of $2.84 billion with an EPS of 23 cents.
+1.79%: CMS Energy posts solid session with 1.79% gain; upside capped at $59.84
Pronounced bullish sentiment in the market helped CMC Energy, an energy company focused on US utitlities to make a notable 1.79% gain yesterday, rising $1.05 and ultimately closing at $59.8. Currently, the US energy company has a market capitalization of $17.44 billion with an average daily volume of 2.00 million shares. So far this year, it has been doing worse than the S&P 500 by 20.46%.
+2.78%: risk-on sentiment allowed Algonquin Power & Utilities to post 2.78% gain yesterday
Pronounced bullish sentiment in the market helped the Canadian regulated utility conglomerate to make a notable 2.78% gain yesterday, rising 23 cents and ultimately closing at $8.49. The Canadian regulated utility conglomerate's market cap currently stands at $5.85 billion with an average daily trading volume of 5.74 million shares. So far this year, it has been beating the Nasdaq by 2.2%.
