Atmos Energy Corp
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Utilities : Gas Utilities | Mid Cap Value
Company profile

Atmos Energy Corporation is a fully-regulated, natural-gas-only distributor engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. It operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes pipeline and storage operations of its Atmos Pipeline-Texas Division, and nonregulated segment, which includes its nonregulated natural gas management, nonregulated natural gas transmission, storage and other services. Its nonregulated businesses provide natural gas management, transportation and storage services to local gas distribution companies, including certain of its natural gas distribution divisions and industrial customers in the Midwest and Southeast. It also manages its natural gas pipeline and storage assets, including its intrastate natural gas pipeline systems in Texas.

Premarket

Last Trade
Delayed
$95.25
0.00 (0.00%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$95.25
Day's Change
0.00 (0.00%)
Bid
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Ask
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
3

10-day average volume:
953,386
3

Chip stocks slide amid broader tech weakness

11:15 am ET September 8, 2020 (MarketWatch)
Print

Shares of prominent chip names are sliding in Tuesday's session amid broader weakness for the tech sector. Chip-equipment stocks Applied Materials Inc. (AMAT), KLA Corp. (KLAC), and Lam Research Corp. (LRCX) are each off more than 6% in Tuesday morning trading amid reports that the U.S. is considering putting export restrictions (https://www.wsj.com/articles/u-s-weighs-export-controls-on-chinas-top-chip-maker-11599324489) on Chinese chipmaker Semiconductor Manufacturing International Corp. "Investor concern is that Washington DC does not stop with SMIC and that other domestic China semiconductor manufacturers are at risk," Evercore ISI analyst C.J. Muse wrote, though he said that "a lot of bad news is already priced in." Shares of Nvidia Corp. (NVDA) and Advanced Micro Devices Inc. (AMD) are also off in the session. AMD finished with a market capitalization below $100 billion in Friday's session and it recently had a valuation of about $95 billion in Tuesday trading. AMD's stock is set to slide for the fourth straight session, which would be its longest losing streak since late June. The PHLX Semiconductor Index has added about 8% over the past three months as the S&P 500 has risen 4%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 08, 2020 11:15 ET (15:15 GMT)

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