Edison International Stock Rises 8.9%, Outperforms Peers

Dow Jones09-02 04:33

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

Shares of Edison International rallied 8.9% to $58.80 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,631.47 and Dow Jones Industrial Average falling 0.8% to 52,766.88.

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

Edison International closed 28.0% short of its 52-week high of $81.62, which the company reached on July 28th.

The stock outperformed some of its peers, as NextEra Energy Inc. rose 0.7% to $82.93, Southern Co. rose 0.1% to $88.09, and Dominion Energy Inc. rose 0.56% to $66.38.

Trading volume totaled 24.5 million, compared to the 50-day average of 3.4 million.

Data source: Dow Jones Market Data, FactSet

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