DJ FirstEnergy Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of FirstEnergy Corp. $(FE)$ inched 0.75% higher to $41.54 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.38% to 5,995.54 and the Dow Jones Industrial Average rising 0.59% to 43,988.99.
The stock's rise snapped a two-day losing streak.
FirstEnergy Corp. closed $3.43 short of its 52-week high ($44.97), which the company achieved on September 5th.
The stock underperformed when compared to some of its competitors Friday, as NextEra Energy Inc. $(NEE)$ rose 3.15% to $76.97, Southern Co. $(SO)$ rose 1.97% to $88.64, and Dominion Energy Inc. $(D)$ rose 2.05% to $57.79.
Trading volume (2.8 M) remained 165,923 below its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2024.
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(END) Dow Jones Newswires
November 08, 2024 17:06 ET (22:06 GMT)
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