DTE Energy Co. Stock Outperforms Competitors On Strong Trading Day

Dow Jones03-28

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

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Shares of DTE Energy Co. $(DTE)$ advanced 3.89% to $111.30 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.86% to 5,248.49 and the Dow Jones Industrial Average rising 1.22% to 39,760.08.

The stock's rise snapped a five-day losing streak.

DTE Energy Co. closed $5.43 short of its 52-week high ($116.73), which the company reached on July 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NextEra Energy Inc. $(NEE)$ rose 3.84% to $63.79, Southern Co. $(SO)$ rose 2.57% to $71.05, and Dominion Energy Inc. $(D)$ rose 3.94% to $48.52.

Trading volume (1.7 M) eclipsed its 50-day average volume of 1.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2024.

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March 27, 2024 16:30 ET (20:30 GMT)

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