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 1.39% to $93.86 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.53% to 6,071.17 and the Dow Jones Industrial Average rising 0.38% to 44,882.13.
The stock's rise snapped a two-day losing streak.
Consolidated Edison Inc. closed 12.89% short of its 52-week high of $107.75, which the company achieved on October 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Duke Energy Corp. $(DUK)$ rose 1.48% to $112.26, Exelon Corp. $(EXC)$ rose 1.14% to $40.02, and Sempra $(SRE)$ rose 1.60% to $83.29.
Trading volume (2.3 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 30, 2025.
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January 30, 2025 16:57 ET (21:57 GMT)
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