DJ DTE Energy Co. Stock Rises Monday, Still Underperforms Market
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Shares of DTE Energy Co. $(DTE)$ inched 0.35% higher to $135.97 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.06% to 4,110.41 and the Dow Jones Industrial Average rising 0.71% to 32,381.34. This was the stock's second consecutive day of gains. DTE Energy Co. closed $4.26 short of its 52-week high ($140.23), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Monday, as Xcel Energy Inc. $(XEL)$ rose 0.56% to $77.41, WEC Energy Group Inc. $(WEC)$ rose 0.75% to $107.24, and Eversource Energy (ES) rose 0.99% to $92.54. Trading volume (824,058) remained 27,003 below its 50-day average volume of 851,061.
Data source: Dow Jones Market Data, FactSet. Data compiled September 12, 2022.
(END) Dow Jones Newswires
September 12, 2022 16:31 ET (20:31 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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