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February 22, 2023
Against the current: Markets are down, yet NiSource Inc, Avangrid, Inc., PPL Corp go up and make this list of top gainers.
The leading indices are currently lower — S&P 500 drawing back 0.31% to 3,985. Nasdaq slipping 0.38% and closing at 11,448.
Amid the market gloom, United States Existing Home Sales (Jan) released yesterday at 15:00 UTC with a figure of 4 million, while the previous figure was 4 million.
Markets are falling this session, but some utilities stocks are registering gains. Take a look at today's positive market movers.
+1.02%: strong start to the session sees PPL peaking at $28.18
After closing the previous trading day at $27.82, PPL Corp is up to $28.11, which makes for a move of 1.02%/28.5 cents today. PPL's market cap is currently $20.70 billion with an average daily trading volume of 4.87 million shares. So far this year, it has been doing worse than the S&P by 9.06%.
NiSource | +2.43% to start today's session
The US utility company traded as high as $32.46 before shedding 13.65% lower over the past six months. So far this year, it has been under-performing the S&P by 6.12%. Currently, the US utility company serving around 4 million customers has a market capitalization of $11.21 billion with an average daily volume of 3.47 million shares.
NiSource is scheduled to announce earnings results today. The consensus EPS estimate is 0.49 and the consensus revenue estimate is $1 billion.
Avangrid | +1.46% to start today's session
After closing the previous trading day at $40.36, Avangrid is up to $40.95, which makes for a move of 1.46%/59 cents today.
