Essential Utilities: From Water to Natural Gas! Between Regulated Infrastructure, Acquisitions, and Mega Merger!
Reading Time: 3 minutes
Out of nowhere, there was a massive sell-off across the entire AI sector. Memory manufacturers lost more than 15% in a single day, and Nvidia almost 10%. We are looking at the "Utilities" sector, which is still over 6% up month-over-month. Essential Utilities leads the "Utilities – Regulated Water" category with over 19%. Why? Essential Utilities provides water and natural gas to 5.5 million people Active network acquisitions of over $290 million and merger with American Water Works Increasing revenues in Q3 to $508.3 million, 80 years...
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