Investor favourite NiSource faces questions after Massachusetts explosions


BOSTON (Reuters) – Before gas explosions in Massachusetts sent its shares reeling on Friday, utility NiSource Inc (NI.N) was considered a secure play and its top investor was loading up on shares as part of a push into what it called “the safest, most defensive sector in the S&P 500.”

A home burned in a series of gas explosions sits next to an unaffected home in Lawrence, Massachusetts, U.S., September 14, 2018. REUTERS/Brian Snyder

All that changed in the aftermath of Thursday’s gas explosions across three suburbs north of Boston that left at least one person dead, injured at…



Read More Here

Be the first to comment on "Investor favourite NiSource faces questions after Massachusetts explosions"

Leave a comment

Your email address will not be published.


*