In trading on Monday, gas utilities shares were relative laggards, down on the day by about 3.6%. Helping drag down the group were shares of Newjersey Resources, off about 6.3% and shares of Southwest Gas Holdings off about 6.2% on the day.
Also lagging the market Monday are electric utilities shares, down on the day by about 3.4% as a group, led down by Genie Energy, trading lower by about 9.8% and Nextera Energy Partners, trading lower by about 6.8%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.