PPL Corp. stock slips 2.34% and underperforms market

8 articles · Updated · MarketWatch · May 8

Shares closed at $35.91 on Friday, their fourth straight loss, as the S&P 500 rose 0.84% and the Dow Jones Industrial Average edged up 0.02%.
PPL ended 10.46% below its 52-week high of $40.11 reached on 13 April and lagged peers including NextEra Energy, Southern Co. and Dominion Energy.
Trading volume reached 12.3 million shares, well above the 50-day average of 7.8 million, indicating heavier investor activity during the decline.

Why did PPL's stock plummet despite record earnings and surging AI-driven demand for its energy?

As data centers strain the grid, who will ultimately pay for PPL's multi-billion dollar power upgrades?