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Updated · MarketWatch · May 7NiSource stock slides 1.03% in rough market session
8 articles · Updated · MarketWatch · May 7
- Shares closed at $47.02 on Thursday, marking a second straight daily loss as the S&P 500 fell 0.38% and the Dow dropped 0.63%.
- NiSource ended 4.00% below its 52-week high of $48.98 reached on May 1 and lagged ONEOK, whose shares rose 0.32%.
- Trading volume reached 5.5 million shares, above the 50-day average of 4.4 million, while peers Atmos Energy fell 1.57% and UGI dropped 7.84%.
Can NiSource's multi-billion dollar bet on AI power demand overcome the immense financial and regulatory risks ahead? As tech giants demand more power, will promised utility bill savings for families actually materialize or are rate hikes inevitable?