NYSE:ESElectric Utilities
Eversource Energy (NYSE:ES) Launches US$1.2 Billion Follow-on Equity Offering
Eversource Energy (NYSE:ES) recently filed a $1.2 billion follow-on equity offering, reflecting its strategy to bolster its financial position through capital raising. Over the past month, the company’s shares increased by 9%, aligning with the broader market trend, which also saw an upward momentum, rising 1.7% over the last week. Eversource's dividend affirmation and steady earnings announcements complement its robust performance. These financial maneuvers likely added weight to the...