Jan. 2 at 4:29 PM
$CWT gets CPUC approval for rate hike — but why is the stock slipping? 🤔
🔹 3% rate increase starting Jan 1, 2026, to fund essential infrastructure upgrades.
🔹 Yet, shares have dipped 4.6% in the last 3 months, underperforming the industry's 2.9% decline.
Understand the risks before investing in California Water Service 👉 https://www.zacks.com/stock/news/2811392/california-water-service-unit-cal-water-gets-nod-for-interim-rate-hike?cid=sm-stocktwits-2-2811392-body-27204&ADID=SYND_STOCKTWITS_TWEET_2_2811392_BODY_27204