Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Edison International Stock Falls 4.8%, Underperforms Peers

Edison International Stock Falls 4.8%, Underperforms Peers

Dow JonesDow Jones2026/08/28 20:34

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

Shares of Edison International slid 4.8% to $70.17 on what proved to be an all-around poor trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 53,559.99 and the S&P 500 Index falling 0.2% to 7,711.76.

This was the stock's third consecutive day of losses.

Edison International closed 14.0% short of its 52-week high of $81.62, which the company reached on July 28th.

The stock underperformed when compared to some of its peers, as NextEra Energy Inc. fell 1.2% to $81.84, Southern Co. fell 0.9% to $88.25, and Dominion Energy Inc. fell 1.43% to $65.55.

Trading volume totaled 7.4 million, compared to the 50-day average of 2.9 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 28, 2026 16:34 ET (20:34 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Inflation surpasses expectations, impacting small-cap stocks; Russell 2000 drops nearly 2%, confirming a technical correction

On Wednesday, approximately four-fifths of the constituents in the Russell 2000 Index recorded declines. Since its peak in August, the index has dropped by 11%, falling below its 200-day moving average and entering a technical correction for the first time since March this year. Analysis indicates that with the US CPI rising more than expected and the probability of rate hikes increasing, small-cap, consumer, and transportation stocks are facing "sustained and long-term resistance."

华尔街见闻•2026/10/14 23:26

Inflation and interest rates hit simultaneously, Russell 2000 plunges 11% from August high, marking its first technical correction since March

With both inflation and interest rates rising, the Russell 2000 has fallen 11% from its August peak, breaking below its 200-day moving average and recording its first technical correction since March.

智通财经•2026/10/14 23:16

Tesla (TSLA.US) and SpaceX (SPCX.US) merger countdown? Barclays: Announcement possible this year, obstacle lies in shareholder voting

Barclays analysts stated that a potential merger between Elon Musk's Tesla and SpaceX could be announced before the electric vehicle manufacturer's annual shareholder meeting.

智通财经•2026/10/14 23:06