why did bip stock drop in october 2023

Brookfield Infrastructure Partners (BIP) returned -23.3% in October 2023.

DATEOPENHIGHLOWCLOSEVOLUME
October 31 2023
$19.71
$20.34
$19.71
$20.09
1,372,600
October 30 2023
$19.13
$19.73
$18.66
$19.70
1,356,800
October 27 2023
$19.98
$19.98
$18.91
$18.98
1,781,700
October 26 2023
$19.86
$20.29
$19.55
$19.97
980,400
October 25 2023
$20.14
$20.56
$19.86
$19.90
1,522,300
October 24 2023
$20.50
$20.76
$20.16
$20.23
2,092,500
October 23 2023
$20.60
$21.30
$20.38
$20.41
2,269,700
October 20 2023
$20.81
$21.19
$20.55
$20.61
1,394,700
October 19 2023
$21.80
$21.90
$20.92
$21.01
1,412,100
October 18 2023
$23.09
$23.09
$21.70
$21.71
1,661,100
October 17 2023
$22.32
$23.04
$22.21
$22.80
1,105,000
October 16 2023
$23.17
$23.36
$22.14
$22.25
1,154,000
October 13 2023
$24.49
$24.58
$22.96
$23.06
2,340,500
October 12 2023
$25.81
$25.99
$24.19
$24.39
1,468,500
October 11 2023
$25.91
$26.17
$25.26
$25.96
683,200
October 10 2023
$24.80
$25.62
$24.80
$25.60
740,500
October 09 2023
$24.78
$25.20
$24.66
$24.79
409,600
October 06 2023
$24.74
$24.96
$23.86
$24.88
589,300
October 05 2023
$24.41
$25.02
$24.41
$24.85
900,600
October 04 2023
$23.58
$24.51
$23.40
$24.42
1,261,100
October 03 2023
$23.96
$24.23
$23.54
$23.60
942,600
October 02 2023
$26.21
$26.21
$24.11
$24.17
646,900