Markets were flat yesterday, yet Vistra Corp., Companhia Paranaense de Energia – COPEL, PG&E Corporation showed impressive gains and made this list of top gainers.
Markets did not have a clear cut direction — Dow Jones gained 0.12% and closed at 33,431. Nasdaq closed 11,676 after a stable day.
This limbo state is reflected by published market data as United States Factory Orders beat the -1.8% projections, with -1.6%.
Despite yesterday's flat session, several utilities stocks are managing to post notable gains. Take a look at the market's Top Gainers:
Pacific Gas & Electric | Up 2.39% to $16.74 yesterday
Pacific Gas & Electric loses 0.96% and trades at $16.58 in pre-market trading, following a session in which it managed to reach a new high of $16.75 (for the first time in 2 months) and close at $16.74. The gas company reached a significant high of $16.74 around a day ago but has lost 2.33% since then. So far this year, it has been doing worse than the Nasdaq by 4.21%. Pacific Gas & Electric's market cap is currently $38.14 billion with an average daily volume of 13.91 million shares. Pacific Gas & Electric last reported revenue of $5.37 billion with an EPS of 26 cents.
Companhia Paranaense de Energia | Up 3.24% to $6.69 yesterday
The Brazilian electric utility company traded at $6.69 yesterday, after making its biggest single-day jump of 21 cents (3.24%) since Feb 10. Approximately 4 months ago, the Brazilian utilities giant reached a significant high of $8.06 but has struggled to hold onto its gains and declined 19.6% since then. So far this year, it has been under-performing the Nasdaq by 11.45%. The Brazilian utilities giant's market cap currently stands at $18.31 billion with an average daily volume of 336,486 shares.
Vistra Corp. | Closed +13.87% at $24.38
The Fortune 275 energy company traded at $24.38 yesterday, after making its biggest single-day jump of $2.97 (13.87%) since October 2021. This year has been a bright one for the Fortune 275 energy company after trading as low as $21 and going on to appreciate by 10.93% year to date. So far this year, it has been doing worse than the Nasdaq by 0.21%. Currently, the electricity and power generation company has a market capitalization of $9.70 billion with an average daily trading volume of 3.71 million shares.