DJ Consolidated Edison Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Consolidated Edison Inc. $(ED)$ slid 1.91% to $100.20 Wednesday, on what proved to be an all-around great 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.
Consolidated Edison Inc. closed 7.01% short of its 52-week high of $107.75, which the company reached on October 24th.
The stock underperformed when compared to some of its competitors Wednesday, as Duke Energy Corp. $(DUK)$ fell 1.01% to $115.23, Exelon Corp. $(EXC)$ fell 0.73% to $43.36, and Sempra $(SRE)$ rose 1.80% to $71.90.
Trading volume (5.5 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 16:54 ET (21:54 GMT)
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