DJ Consolidated Edison Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Consolidated Edison Inc. $(ED)$ rallied 2.87% to $112.72 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 4.84% to 5,396.52 and Dow Jones Industrial Average falling 3.98% to 40,545.93.
The stock's rise snapped a two-day losing streak.
Consolidated Edison Inc. hit a new 52-week high, surpassing its previous peak of $111.11, which the company achieved on March 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Duke Energy Corp. $(DUK)$ rose 3.04% to $124.05, Exelon Corp. $(EXC)$ rose 2.74% to $47.23, and Sempra $(SRE)$ fell 2.90% to $70.73.
Trading volume (4.2 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.
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(END) Dow Jones Newswires
April 03, 2025 16:52 ET (20:52 GMT)
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