Avangrid shares are trading lower after the company announced it will be acquired by Iberdrola.
Portfolio Pulse from Benzinga Newsdesk
Avangrid shares are trading lower following the announcement that the company will be acquired by Iberdrola.
May 17, 2024 | 6:43 pm
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Avangrid shares are trading lower after the announcement of its acquisition by Iberdrola.
The announcement of Avangrid's acquisition by Iberdrola has led to a decline in Avangrid's share price. This is a common market reaction as investors may be uncertain about the future direction of the company under new ownership.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100