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Updated · MarketWatch · May 6Dominion Energy stock slips 2.14% and underperforms peers
8 articles · Updated · MarketWatch · May 6
- The shares closed at $61.64 on Wednesday, while the S&P 500 rose 1.46% to 7,365.12 and the Dow gained 1.24% to 49,910.59.
- Dominion ended 8.78% below its 52-week high of $67.57 reached on 17 February, lagging a broadly positive market session.
- Among peers, NextEra Energy fell 0.92% to $95.39, Duke Energy dropped 1.60% to $125.54 and Southern Co. declined 2.49% to $93.51.
Dominion's stock fell despite strong profits. Is this a warning sign for the entire US utility sector? Can Dominion's massive offshore wind project power the AI boom before regulatory hurdles get in the way? As data centers drive up energy demand, who will ultimately bear the multi-billion dollar cost for grid upgrades?