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Wednesday Sector Laggards: Gas Utilities, Water Utilities

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Shutterstock photo

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In trading on Wednesday, gas utilities shares were relative laggards, down on the day by about 0.3%. Helping drag down the group were shares of Midcoast Energy Partners ( MEP ), off about 24.7% and shares of South Jersey Industries ( SJI ) off about 2.4% on the day.

Also lagging the market Wednesday are water utilities shares, about flat on the day as a group, led down by Consolidated Water Company ( CWCO ), trading lower by about 1.9% and Aqua America ( WTR ), trading lower by about 1.1%.

VIDEO: Wednesday Sector Laggards: Gas Utilities, Water Utilities

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.

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