DJ FirstEnergy Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of FirstEnergy Corp. $(FE)$ slid 1.91% to $38.53 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
This was the stock's second consecutive day of losses.
FirstEnergy Corp. closed 14.32% short of its 52-week high of $44.97, which the company achieved on September 5th.
The stock underperformed when compared to some of its competitors Wednesday, as NextEra Energy Inc. $(NEE)$ fell 0.52% to $70.48, Southern Co. $(SO)$ fell 1.38% to $88.65, and Dominion Energy Inc. $(D)$ fell 0.42% to $54.10.
Trading volume (5.8 M) eclipsed its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 17:05 ET (22:05 GMT)
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