Alliant Energy Shares Fall Again as Investors Watch Data-Center Power Plays
Alliant Energy stock slipped 0.9% to $71.50 early Friday afternoon, adding to Thursday's steep losses as utilities underperformed. The Utilities Select Sector SPDR ETF lost 0.7%. The SPDR S&P 500 ETF ticked up 0.2%. Alliant is now part of the market’s data-center power story. Investors are watching if more electricity use from artificial intelligence and cloud work will boost regulated utilities enough to balance out higher construction and financing costs.