Shares of Xcel Energy Inc.
dropped 0.89% to $69.33 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 1.07% to 4,400.27 and Dow Jones Industrial Average
falling 1.08% to 34,960.69. The stock’s fall snapped a three-day winning streak. Xcel Energy Inc. closed $7.11 below its 52-week high ($76.44), which the company achieved on November 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Duke Energy Corp.
fell 0.61% to $107.05, WEC Energy Group Inc.
fell 0.92% to $96.46, and DTE Energy Co.
fell 0.14% to $120.14. Trading volume (2.1 M) remained 84,501 below its 50-day average volume of 2.2 M.
View more information: https://www.marketwatch.com/story/xcel-energy-inc-stock-underperforms-wednesday-when-compared-to-competitors-01629322322-33cee9a0c327