Advertisement

Why Brookfield Infrastructure Stock Surged 16% in November

Why Brookfield Infrastructure Stock Surged 16% in November

Shares of Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC) jumped 16.1% in November, according to data provided by S&P Global Market Intelligence. Powering the global infrastructure company was its solid third-quarter results. Brookfield reported that it generated $365 million, or $0.79 per share, of funds from operations (FFO) during the third quarter, up 8% year over year.