XPLR Infrastructure Shares Dive

NextEra Energy's XPLR Infrastructure shares tank on dividend suspension
XPLR Infrastructure , a unit of utility firm NextEra Energy , said on Tuesday it will suspend its dividend for an indefinite period, sending the company's shares down 23% in premarket trade.
XPLR Infrastructure Shares Dive on Distribution Suspension Amid Overhaul - Update
XPLR Infrastructure lost more than a quarter its market value after the renewable-energy company said it would indefinitely stop distributions to unitholders and named a new chief executive as it overhauls its business model.
XPLR Infrastructure plunges to all-time low after suspending distributions
XPLR Infrastructure (NYSE:NEP) -32.1% in early trading Tuesday after suspending distributions to unitholders for an indefinite period, as the company looks to reinvest most of its cash flow to fund its renewable energy investments.
XPLR Infrastructure shares tank on distribution suspension
XPLR Infrastructure said on Tuesday it will suspend its distribution to unitholders for an indefinite period, sending the company's shares down 30%. The move comes as XPLR looks to reinvest most of its cash flow to fund its renewable energy investments.
XPLR Infrastructure Shares Dive After Suspending Distributions to Unitholders
XPLR Infrastructure shares dived 24% in premarket trading after suspending distributions to unitholders for an indefinite period. Shares were trading around $12.04. The stock is down 47% over the last year.
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