DTE Energy Co. Stock Outperforms Market On Strong Trading Day

Dow Jones2022-09-20

DJ DTE Energy Co. Stock Outperforms Market On Strong Trading Day

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Shares of DTE Energy Co. $(DTE)$ inched 0.77% higher to $130.90 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.69% to 3,899.89 and the Dow Jones Industrial Average rising 0.64% to 31,019.68. The stock's rise snapped a two-day losing streak. DTE Energy Co. closed $9.33 below 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 0.85% to $74.53, WEC Energy Group Inc. $(WEC)$ rose 0.98% to $102.28, and Eversource Energy (ES) rose 0.82% to $89.53. Trading volume (1.2 M) eclipsed its 50-day average volume of 895,895.

Data source: Dow Jones Market Data, FactSet. Data compiled September 19, 2022.

 

(END) Dow Jones Newswires

September 19, 2022 16:30 ET (20:30 GMT)

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