Updated
Updated · MarketWatch · May 7
Sempra stock slips 2.24% in rough market session
Updated
Updated · MarketWatch · May 7

Sempra stock slips 2.24% in rough market session

9 articles · Updated · MarketWatch · May 7
  • Shares closed at $91.57 on Thursday, as the S&P 500 fell 0.38% and the Dow Jones Industrial Average lost 0.63%.
  • The decline marked Sempra's fifth straight daily loss, and the stock lagged peers including Duke Energy, Exelon and Public Service Enterprise Group.
  • Sempra finished 9.37% below its 52-week high of $101.04 reached on 9 April, while trading volume rose to 4.3 million shares from a 50-day average of 3.4 million.
Sempra reported strong profits, so why did its stock price plummet on the same day?
Can Sempra's Texas growth strategy overcome the immense financial risk from California's wildfires?