5 Worst Performing Utility Stocks in 2023

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In this piece, we will take a look at the five worst performing utility stocks in 2023. If you want to take a look at our contrast between the utility sector’s performance this year and the last, then head on over to 15 Worst Performing Utility Stocks in 2023.

5. Advent Technologies Holdings, Inc. (NASDAQ:ADN)

Year to Date Share Price Losses: 49.52%

Advent Technologies Holdings, Inc. (NASDAQ:ADN) is a backend utility company that manufactures both the products used in hydrogen fuel cells and the fuel cells themselves.

Insider Monkey dug through 943 hedge fund portfolios for their March quarter of 2023 shareholdings and discovered that five had held Advent Technologies Holdings, Inc. (NASDAQ:ADN)’s shares.

Follow Advent Technologies Holdings Inc.

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