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NiSource Inc Surges to 344th in Trading Volume with $248 Million in Shares Exchanged
Generated by AI AgentAinvest Volume Radar
Monday, May 19, 2025 8:12 pm ET1min read
On May 19, 2025,
(NI) experienced a significant surge in trading volume, with a total of $248 million in shares exchanged, marking an 118.17% increase from the previous day. This substantial trading activity placed at the 344th position in terms of daily trading volume among all stocks. The company's stock price also saw a notable rise, increasing by 2.15% and marking its fourth consecutive day of gains, with a cumulative increase of 5.55% over the past four days.State regulators have given the green light to an increase in non-gas rates and charges for Columbia Gas of Virginia, a subsidiary of NiSource. This adjustment is expected to add approximately $6 to the average residential customer's bill, potentially impacting the company's revenue and operational costs.
In related news, the state of California is facing a potential loss of up to 17% of its refining capacity starting this year. This development could have implications for the energy sector, including companies like NiSource that are involved in natural gas distribution and related services.
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