DJ Consolidated Edison Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Consolidated Edison Inc. $(ED)$ slid 1.81% to $94.57 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.27% to 6,051.97 and Dow Jones Industrial Average falling 0.50% to 44,368.56.
This was the stock's second consecutive day of losses.
Consolidated Edison Inc. closed 12.23% below its 52-week high of $107.75, which the company achieved on October 24th.
The stock underperformed when compared to some of its competitors Wednesday, as Duke Energy Corp. $(DUK)$ fell 0.27% to $116.37, Exelon Corp. $(EXC)$ rose 1.25% to $42.89, and Sempra $(SRE)$ fell 0.60% to $82.93.
Trading volume (3.5 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.
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(END) Dow Jones Newswires
February 12, 2025 16:57 ET (21:57 GMT)
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