Brookfield Infrastructure Partners LP T.BIP.UN

Primary Symbol: BIP Alternate Symbol(s): T.BIP.PR.A | T.BIP.PR.B | T.BIP.PR.E | T.BIP.PR.F | BRIPF | BIP.PR.B

Utilities Utilities - Diversified

Brookfield Infrastructure Partners L.P. is a global infrastructure company. The Company owns and operates in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. The Company’s segments include Utilities, Transport, Midstream, Data and Corporate. The Utilities segment consists of regulated transmission (natural gas and electricity) and commercial and residential distribution (electricity, natural gas, and water connections) operations. The Transport segment comprises infrastructure assets that provide transportation, storage and handling services for merchandise goods, commodities, and passengers. The Midstream segment comprises systems that provide natural gas transmission, gathering and processing, and storage services. The Data segment comprises critical infrastructure servicing customers in the telecommunications, fiber, and data storage sectors. It is also a data center provider.

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Brookfield Infrastructure Partners LP > Price drop?

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Post by winafewon Oct 25, 2023 3:25pm

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Post# 35700746

Price drop?

This article says the share price drop is caused by:

"the drop has to do with rising interest rates that have negatively impacted the global infrastructure platform, including leading to cost overruns in a number of the projects Brookfield Infrastructure is involved in."

Is this the real reason, does anyone else have any info on the cause of the price drop?

https://ca.finance.yahoo.com/news/rrsp-2-oversold-stocks-buy-133000776.html

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