Location, Date (GLOBE NEWSWIRE) – AES Corp. (NYSE: AES) saw its shares edge higher on Wednesday, demonstrating resilience in a volatile market. The company’s stock recorded a 0.44% increase, closing at $15.93, outperforming competitors in a market characterized by unpredictability. During the same period, the S&P 500 Index” data-wpil-keyword-link=”linked”>S&P 500 Index experienced a slight uptick, reaching 4,274.51, while the Dow Jones, on the other hand, saw a downturn, declining to 33,550.27.
In contrast to its competitors, AES Corp. exhibited a robust performance. Notably, NextEra Energy (NYSE: NEE) observed a significant drop of 8.23% to $59.96 during the same trading session. Other industry rivals such as Duke Energy (NYSE: DUK) and Dominion Energy (NYSE: D) experienced declines of 1.13% to $90.09 and 1.30% to $45.46, respectively.
Additionally, AES Corp. witnessed trading volume that exceeded its 50-day average, although it did not reach the annual high recorded in December.