Shares of FirstEnergy Corp. FE inched 0.06% higher to $34.27 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.66% to 3,974.54 and the Dow Jones Industrial Average DJIA rising 1.39% to 33,072.88. The stock's rise snapped a two-day losing streak. FirstEnergy Corp. closed $12.09 short of its 52-week high ($46.36), which the company reached on April 17th.
The stock underperformed when compared to some of its competitors Friday, as NextEra Energy Inc. NEE rose 0.83% to $74.06, Dominion Energy Inc. D rose 0.74% to $75.78, and Southern Co. SO rose 0.46% to $61.66. Trading volume (3.1 M) remained 1.7 million below its 50-day average volume of 4.8 M.