Shares of FirstEnergy Corp. FE slid 0.63% to $34.77 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.77% to 4,128.80 and the Dow Jones Industrial Average DJIA rising 0.89% to 33,800.60. This was the stock's second consecutive day of losses. FirstEnergy Corp. closed $11.59 below its 52-week high ($46.36), which the company achieved on April 17th.
The stock underperformed when compared to some of its competitors Friday, as NextEra Energy Inc. NEE rose 0.23% to $77.94, Dominion Energy Inc. D rose 0.12% to $76.30, and Southern Co. SO fell 0.21% to $62.73. Trading volume (2.0 M) remained 2.8 million below its 50-day average volume of 4.7 M.