Why the Atlas Arteria (ASX:ALX) share price is sliding today

The Atlas Arteria Group (ASX: ALX) share price is down today after the company gave a pricing update on one of its American operations and held its AGM.

Shares in the toll road operator are down 3.1% at the time of writing, trading at $5.93. In comparison, the S&P/ASX 200 Index (ASX: XJO) is 0.42% lower.

Let’s take a closer look at today’s updates and what they mean for the Atlas share price.

What’s driving the Atlas share price today?

Toll road update

In today’s first announcement, Atlas Arteria updated investors on the recent decision by the Virginia State Corporation Commission (SCC) regarding the Dulles Greenway – a toll road in the United States owned and operated by Atlas.

The company sought to increase tolls on…