Updated
Updated · MarketWatch · May 7WEC Energy Group stock slides 1.02% in broad market decline
9 articles · Updated · MarketWatch · May 7
- Shares closed at $112.78 on Thursday, marking a fifth straight daily loss as the S&P 500 fell 0.38% and the Dow dropped 0.63%.
- WEC underperformed Duke Energy, down 0.53%, but fared better than Exelon, off 1.35%, and Sempra, which fell 2.24%.
- The stock finished 5.72% below its 52-week high of $119.62 reached on 9 April, while trading volume of 1.7 million stayed below its 50-day average.
Is the AI revolution transforming 'boring' utility stocks into the next high-stakes growth sector? As tech giants demand more power, are Midwest residents facing higher bills to fuel the AI boom?