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Updated · MarketWatch · May 7United Utilities Group shares fall 2.09% in weak FTSE 100 session
12 articles · Updated · MarketWatch · May 7
- The stock closed at £14.04 on Thursday as the FTSE 100 dropped 1.55% to 10,276.95.
- United Utilities underperformed in a broadly weaker UK market and finished 6.21% below its 52-week high of £14.97 reached on 30 April.
- Trading volume was 2.0 million shares, below the stock's 50-day average of 2.3 million, indicating lighter-than-usual activity during the decline.
United Utilities' shares are falling despite record profits. Is the entire UK privatized water industry facing a crisis of confidence? As profits soar and bills surge, can a massive investment plan save this water giant from public and regulatory backlash?