Artesian Resources Stock Takes a Hit Before the Bell as One Delaware Decision Looms
Artesian Resources shares fell 1.7% to $32.06 before Thursday’s U.S. session, despite no new company news. The Delaware water utility last reported first-quarter revenue up 7.3% and a dividend increase. Artesian is seeking higher rates from state regulators, with two temporary hikes already in effect. Broader water stocks were mixed, suggesting Artesian’s drop was company-specific.