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Xcel Energy Inc. stock underperforms Wednesday when compared to competitors

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Terrence Horan

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Shares of Xcel Energy Inc. XEL dropped 1.00% to $65.45 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA rising 0.68% to 34,814.39. This was the stock's fifth consecutive day of losses. Xcel Energy Inc. closed $10.99 below its 52-week high ($76.44), which the company achieved on November 9th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as...