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Weekly: AltaGas cumulative redeemable floating rate preferred shares Series B tumbles 6.4% on firm volume September 21, 2018 17:00 EDT

Sep 21, 2018 - News Bites Canadian Markets


AltaGas Ltd. (TSX:ALA.PR.B), Canada's 52nd largest Oil & gas - midstream company by market cap, has dropped CAD1.40 (or 6.4%) in the past week to close at CAD20.55, ending a two-week streak of rises. Compared with the S&P/TSX 60 Index which rose 14.9 points (or 1.6%) in the week, this represented a relative price change of -7.8%. The volume was 1.3 times average trading per week of 9,465. In the past week the market cap has declined CAD3.5 million (US$2.7 milli...