Consolidated Edison Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

Dow Jones
2024/11/16

DJ Consolidated Edison Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Consolidated Edison Inc. $(ED)$ rallied 1.26% to $96.44 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.

The stock's rise snapped a three-day losing streak.

Consolidated Edison Inc. closed $11.31 below its 52-week high ($107.75), which the company reached on October 24th.

The stock underperformed when compared to some of its competitors Friday, as Duke Energy Corp. $(DUK)$ rose 2.31% to $112.17, Exelon Corp. $(EXC)$ rose 2.60% to $39.11, and Sempra $(SRE)$ rose 1.93% to $92.19.

Trading volume (2.2 M) eclipsed its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.

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(END) Dow Jones Newswires

November 15, 2024 17:00 ET (22:00 GMT)

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