DTE Energy Co. Stock Rises Monday, Still Underperforms Market

Dow Jones2022-09-13

DJ DTE Energy Co. Stock Rises Monday, Still Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment