Risk-off mood drags Ormat Technologies, Inc. 4.11% lower

A quick look at Friday: during Friday's session, Ormat Technologies, Inc. toiled and struggled for upward momentum before closing at $80.39. By the close, the the renewable geothermal energy technology developer suffered a $3.45 or 4.11% loss.

Ormat Technologies, Inc. was not the only decliner in the utilities sector; NextEra Energy draws back 0.73% Friday to close at $76.23.

The renewable geothermal specialist reached a significant high of $100.93 around 4 months ago but has lost 16.93% since then.