2023-10-05 05:59:00 ET
Shares of NextEra Energy (NYSE: NEE) and subsidiary NextEra Energy Partners (NYSE: NEP) have fallen sharply, dragging down shares of Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) , Clearway Energy (NYSE: CWEN) (NYSE: CWEN.A) , and Atlantica Sustainable Infrastructure (NASDAQ: AY) , too. PepsiCo (NASDAQ: PEP) , Coca-Cola (NYSE: KO) , Target Corp (NYSE: TGT) , and Kroger (NYSE: KR) are also down double digits. In this video, Motley Fool contributor Jason Hall explains what's happening and how investors can adapt.
*Stock prices used were from the morning of Oct. 3, 2023. The video was published on Oct. 4, 2023.
For further details see:
High-Yield Dividend Stocks Down 11% to 70%: How to Prepare for the Potential Reckoning Coming