5 Worst Performing Utility Stocks in 2023

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1. Via Renewables, Inc. (NASDAQ:VIA)

Year to Date Share Price Losses: 62.59%

Via Renewables, Inc. (NASDAQ:VIA) sells electricity and gas to more than three hundred thousand customers in nearly 20 American states. The firm reported strong second quarter results as its earnings grew by more than $6 million along with a $10 million or roughly 29% annual revenue growth.

After digging through 943 hedge funds for this year’s first quarter, Insider Monkey discovered that three had held a stake in Via Renewables, Inc. (NASDAQ:VIA).

Follow Via Renewables Inc. (NASDAQ:VIA)

Disclosure: None. You can also take a look at Gen Z’s 25 Favorite Brands in 2023 and 10 Most Profitable Small Businesses in 2023.

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