| 2023-03-22 | -1.51 % |
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| 2023-03-21 | +1.07 % |
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| 2023-03-20 | +0.35 % |
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| 2023-03-17 | -0.64 % |
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| 2023-03-16 | +1.66 % |
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| 2023-03-15 | -2.03 % |
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| 2023-03-13 | -0.89 % |
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| 2023-03-09 | -1.71 % |
- PTC (PTC) stock went down by 1.71% after Public Service Enterprise Group (PSEG) announced the sale of its 25% stake in the Ocean Wind 1 generation project and its decision to exit offshore wind generation, while retaining its 3,766 MW nuclear fleet; the PTC, expected to stabilize nuclear economics through the next decade, would enable multiple paths to optimize nuclear operations.
- PSEG's CEO announced that the company will retain its 3,766-megawatt nuclear fleet, which is enabled by the nuclear production tax credit, leading to a shift in resources from offshore wind generation as part of its business strategy toward infrastructure modernization and decarbonization, while PSE&G's capital spending program of $15.5 billion to $18 billion could drive a 6% to 7.5% compound annual growth in rate base over the five-year period, however, PTC's announcement could have had an impact on PTC stock's -1.71% decrease.
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| 2023-03-08 | +0.57 % |
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| 2023-03-07 | -2.19 % |
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| 2023-03-06 | -0.12 % |
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| 2023-03-02 | +0.69 % |
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| 2023-03-01 | -1.21 % |
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| 2023-02-28 | -0.77 % |
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| 2023-02-27 | -0.54 % |
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| 2023-02-23 | +1.32 % |
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| 2023-02-22 | -0.76 % |
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| 2023-02-21 | -0.65 % |
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| 2023-02-17 | -0.89 % |
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| 2023-02-16 | -1.45 % |
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| 2023-02-07 | +2.95 % |
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| 2023-02-06 | +0.61 % |
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| 2023-02-03 | -1.33 % |
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| 2023-02-02 | -4.2 % |
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| 2023-02-01 | +2.39 % |
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| 2023-01-31 | +1.2 % |
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| 2023-01-23 | +3.87 % |
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| 2023-01-20 | +1.87 % |
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| 2023-01-19 | -1.4 % |
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| 2023-01-18 | -0.65 % |
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| 2023-01-17 | +0.42 % |
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| 2023-01-12 | +3.05 % |
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| 2023-01-11 | -0.15 % |
- There is usually a reason why a company's stock price goes down - in this case, it could be due to the company issuing stock options or other awards to new employees.
- The company is granting non-statutory stock options to purchase an aggregate of 39,585 shares of its common stock and 13,045 restricted stock units ("RSUs"), each representing the right to receive one share of its common stock upon vesting, to 33 new employees.
- PTC's stock goes down because one of its clients, wind turbine company vestas, has lower than expected sales and its competitor, infrastructural software company Bentley Systems, is experiencing strong growth.
- The company announced its approval of non-statutory stock options to purchase an aggregate of 39,585 shares of its common stock and 13,045 restricted stock units ("RSUs"), each representing the right to receive one share of its common stock upon vesting.
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| 2023-01-09 | +2.67 % |
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| 2023-01-06 | +2.2 % |
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| 2023-01-05 | -1.57 % |
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| 2022-12-16 | -0.06 % |
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| 2022-12-12 | +2.39 % |
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| 2022-12-06 | -1.68 % |
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| 2022-12-01 | +0.22 % |
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| 2022-10-19 | -2.36 % |
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