Genie Energy tumbles on downbeat Q4 earnings
13/03/2023 17:14
** Shares of renewable energy firm Genie Energy Ltd GNE.N
slump 22.2% to $9.08
** Stock hits lowest in more than three months
** Co reports Q4 net income of 61 cents/shr vs $1.06/shr in
the year-ago quarter
** Genie CFO Avi Goldin says decline in net income
attributable to international operations
** Stock down 12.2% YTD including session losses; it gained
85.64% last year
(Reporting by Sourasis Bose in Bengaluru)
((Sourasis.bose@thomsonreuters.com))