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NYSE:WTRG 27 October 2025

American Water & Essential Utilities to Merge in $63B ‘Mega-Deal’ – What Investors Need to Know

American Water & Essential Utilities to Merge in $63B ‘Mega-Deal’ – What Investors Need to Know

American Water Works and Essential Utilities boards approved an all-stock merger on Oct. 26, 2025, creating a $40 billion utility serving 4.7 million connections in 17 states. The combined company will keep the American Water name and be led by AWK’s John C. Griffith as CEO. Essential shareholders receive a 10% premium; AWK holders will own 69% of the new firm. No immediate rate hikes are planned. The deal is expected to close by Q1 2027.
27 October 2025
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Stock Market Today

  • High Tide (TSXV:HITI) Stock Seen as Undervalued After Q2 Results and Store Expansion
    June 17, 2026, 1:49 AM EDT. High Tide (TSXV:HITI) shares rose 11.01% in one day following Q2 2026 results and approval of new senior secured credit facilities. The cannabis retailer expanded its Canna Cabana footprint to 224 stores in Canada. Despite a sharp quarterly loss of CA$44.03 million, High Tide's 0.5x price-to-sales (P/S) ratio trades below the 0.8x industry average, suggesting potential undervaluation. The three-year total shareholder return remains strong at 117.90%, despite an 8.07% decline year-to-date. Simply Wall St's discounted cash flow (DCF) model values shares at CA$31.56, indicating possible market caution. Investors weigh revenue growth and store expansion against ongoing losses to assess future prospects.

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