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DUK Duke Energy Corp New

102.26
1.84 (1.83%)
After Hours
Last Updated: 21:18:28
Delayed by 15 minutes
Share Name Share Symbol Market Type
Duke Energy Corp New NYSE:DUK NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.84 1.83% 102.26 102.36 100.30 100.94 3,801,872 21:18:28

Dominion Energy Shares Down 10% After Pipeline Project Cancelled

06/07/2020 6:41pm

Dow Jones News


Duke Energy (NYSE:DUK)
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From May 2019 to May 2024

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   By Stephen Nakrosis 
 

Shares of Dominion Energy Inc. are trading lower on the New York Stock Exchange Monday, following news the company and Duke Energy Corp. have decided to halt the proposed $8 billion Atlantic Coast Pipeline project.

At 1:02 p.m. EDT, Dominion Energy shares had lost 10.15% to trade at $74.29. Volume at the time topped 14.9 million shares, above the 65-day average volume of some 3.7 million shares.

Duke Energy Corp. shares were also trading lower on the NYSE Monday. At 1:05 p.m. EDT, the company's shares were down 2.9% at $79.47.

The two companies said they made their decision based on "ongoing delays and increasing cost uncertainty which threaten the economic viability of the project."

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 06, 2020 13:26 ET (17:26 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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