Consolidated Edison stock slips 2.09% and underperforms competitors
Updated
Updated · MarketWatch · May 6
Consolidated Edison stock slips 2.09% and underperforms competitors
9 articles · Updated · MarketWatch · May 6
The shares closed at $106.87 on Wednesday, marking a fourth straight daily decline, while the S&P 500 rose 1.46% and the Dow gained 1.24%.
The utility stock finished 8.05% below its 52-week high of $116.23 reached on 17 March, lagging a strong broader market session.
Among peers, Duke Energy fell 1.60%, Exelon dropped 2.51% and Sempra lost 0.74%, while Consolidated Edison's trading volume of 2.2 million matched its 50-day average.
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