DJ Xcel Energy Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Xcel Energy Inc. $(XEL)$ inched 0.77% higher to $66.33 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.23% to 5,782.76 and the Dow Jones Industrial Average rising 1.02% to 42,221.88.
The stock's rise snapped a two-day losing streak.
Xcel Energy Inc. closed $2.03 below its 52-week high ($68.36), which the company achieved on November 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as NextEra Energy Inc. $(NEE)$ rose 0.36% to $78.65, Southern Co. $(SO)$ rose 0.66% to $88.70, and Dominion Energy Inc. $(D)$ rose 1.68% to $58.59.
Trading volume (4.7 M) eclipsed its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2024.
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(END) Dow Jones Newswires
November 05, 2024 16:58 ET (21:58 GMT)
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