Shares of PPL Corp. PPL rallied 1.56% to $27.91 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 1.34% to 3,768.47 and Dow Jones Industrial Average DJIA falling 1.11% to 30,924.14. This was the stock's fourth consecutive day of gains. PPL Corp. closed $4.04 short of its 52-week high ($31.95), which the company reached on March 5th.
The stock outperformed some of its competitors Thursday, as NextEra Energy Inc. NEE fell 1.70% to $71.29, Duke Energy Corp. DUK fell 0.93% to $86.46, and Southern Co. SO fell 0.31% to $57.41. Trading volume (7.9 M) eclipsed its 50-day average volume of 4.1 M.