NiSource stock slips 1.41% but outperforms competitors
Updated
Updated · MarketWatch · May 6
NiSource stock slips 1.41% but outperforms competitors
7 articles · Updated · MarketWatch · May 6
Shares closed at $47.51 on Wednesday, while the S&P 500 rose 1.46% and the Dow gained 1.24% in a broadly stronger market.
NiSource finished 3% below its 52-week high of $48.98 reached on 1 May, as ONEOK fell 4.91%, Atmos Energy dropped 1.33% and UGI slipped 0.34%.
Trading volume reached 12.2 million shares, well above NiSource's 50-day average of 4.2 million, indicating heavier-than-usual investor activity despite the day's decline.
Why did NiSource stock drop after announcing record profits and major deals with Google and Amazon?
Is NiSource's plan to power AI with natural gas a smart investment or a risky long-term gamble?