Why Brookfield Infrastructure Partners Stock Rebounded and Jumped 15% in July

Investors bought the beaten-down infrastructure stock ahead of earnings. Brookfield Infrastructure Partners (BIP -1.53%) stock may have shed nearly 13% value in the first six months of 2024, but it took just one month to reverse all of those losses and some. Units of the master limited partnership rallied 15.1% in July, according to data provided by S&P Global Market Intelligence. Shares of Brookfield Infrastructure Corporation (BIPC -0.19%) gained 15.6% last month. The infrastructure stock appeared ripe fo ...