DJ PPL Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of PPL Corp. $(PPL)$ rallied 1.17% to $32.84 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.28% to 5,718.57 and the Dow Jones Industrial Average rising 0.15% to 42,124.65.
This was the stock's second consecutive day of gains.
PPL Corp. hit a new 52-week high, surpassing its previous peak of $32.82, which the company achieved on September 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as NextEra Energy Inc. $(NEE)$ rose 2.49% to $84.82, Southern Co. $(SO)$ rose 0.91% to $90.52, and Dominion Energy Inc. $(D)$ fell 0.12% to $57.86.
Trading volume (4.3 M) remained 794,475 below its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 23, 2024.
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(END) Dow Jones Newswires
September 23, 2024 17:08 ET (21:08 GMT)
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