Algonquin Power & Utilities Corp. (AQN) stock soared 9.71% on Friday after swinging to profitability.

From Yahoo Finance: 2025-05-09 19:56:00

On Friday, Algonquin Power & Utilities Corp. (AQN) saw its share prices soar by 9.71% to $5.99 as investors celebrated the company’s swing to profitability in the first quarter. The company reported a net income of $96.8 million, a significant improvement from the $89.1 million net loss in the same period last year. CEO Rod West expressed optimism about future opportunities. AQN also declared a cash dividend of $0.65 per share to be paid out on July 15. While AQN ranks 9th on the list of best-performing stocks, AI stocks are seen as having greater potential for higher returns.



Read more at Yahoo Finance: Why Algonquin Power & Utilities Corp. (AQN) Soared On Friday