Shares of FirstEnergy Corp. FE sank 0.23% to $34.25 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.52% to 3,909.52 and the Dow Jones Industrial Average DJIA rising 0.62% to 32,619.48. This was the stock's second consecutive day of losses. FirstEnergy Corp. closed $12.11 below its 52-week high ($46.36), which the company achieved on April 17th.
The stock underperformed when compared to some of its competitors Thursday, as NextEra Energy Inc. NEE rose 0.85% to $73.45, Dominion Energy Inc. D rose 1.43% to $75.22, and Southern Co. SO rose 1.14% to $61.38. Trading volume (2.8 M) remained 2.0 million below its 50-day average volume of 4.8 M.