DJ Consolidated Edison Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Consolidated Edison Inc. $(ED)$ slumped 0.12% to $101.58 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.38% to 5,998.74 and Dow Jones Industrial Average falling 0.31% to 44,722.06.
The stock's fall snapped a two-day winning streak.
Consolidated Edison Inc. closed $6.17 below its 52-week high ($107.75), which the company reached on October 24th.
The stock underperformed when compared to some of its competitors Wednesday, as Duke Energy Corp. $(DUK)$ rose 0.32% to $117.42, Exelon Corp. $(EXC)$ rose 0.05% to $39.51, and Sempra $(SRE)$ rose 1.06% to $94.28.
Trading volume (1.3 M) remained 635,162 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 27, 2024.
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(END) Dow Jones Newswires
November 27, 2024 17:00 ET (22:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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