FirstEnergy shares slide 1.86% in positive market session

12 articles · Updated · MarketWatch · May 8

The stock closed at $44.33 on Friday, extending its losing streak to eight sessions as the S&P 500 rose 0.84% and the Dow added 0.02%.
FirstEnergy ended 15.3% below its 52-week high of $52.34 reached on 9 April and lagged peers including NextEra, Southern and Dominion.
Trading volume reached 6.4 million shares, above its 50-day average of 5.0 million, indicating heavier investor activity during the decline.

With strong earnings and a bright 2026 outlook, why is FirstEnergy's stock in an eight-day freefall?

Is FirstEnergy losing the AI-driven 'Race to Power' as its stock lags far behind utility sector rivals?

Analysts call the stock overvalued. Is this 15% plunge the start of a correction to its true worth?