Dominion Energy Stock (D) Jumps on Government Lawsuit
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Dominion Energy (D) stock rose 0.12% in pre-market trading after the company filed a lawsuit against the U.S. government regarding a stop-work order on its offshore wind projects. The order, issued by the Bureau of Ocean Energy Management, halts development for 90 days due to national security concerns, costing Dominion $5 million daily. A hearing is set for today to discuss a temporary restraining order that could allow operations to resume. Year-to-date, D stock has increased 15.15%.
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