No. of Recommendations: 2
they are down 50% since Jan 2023
Sorry, that is Jan 2022, not 2023.
a few water utilities are in those screen results, too
After digging into that a little, it may be related to EPA PFAS regulation. I don't know how long the standards were under consideration or how much cost there is to complying with them. I found some press releases from a couple of the water utilities referring to complying with the new regulation with ion-exchange resins, and that the stock of a major supplier of those, Purolite (Ecolab, ECL subsidiary) had moved but it wasn't highly correlated - just visually speaking - with the downtrend in the water utilities.
