WEC Energy Group, Inc. (WEC) reports an increase in
short interest by 27.8% in June. Shareholders from three years ago are facing a 3.8% loss. However, WEC's stock performance has been notable compared to its competitors despite daily losses. The Group proposes
rate hikes in Wisconsin which has caught the attention of
investors. Other financial organizations like Kingswood Wealth Advisors, Bank of New Hampshire, Wealth Enhancement and Fulton Bank are actively buying and selling WEC's shares. However, WEC's shares have underperformed in the market for some days when compared to competitors. Reading its
SWOT analysis and return trends reveal not-so-appealing data possibly due to
regulatory challenges and recent dips in its stock value. WEC's growth is also bolstered by
large project pipelines making it an attractive option for institutional owners. Their Q4 2023 Earnings and Q1 2024 call transcript also indicate
mixed financial results. Their strategic move towards
clean energy such as the Texas solar project valued at $459 million adds interest.
Wec Energy Group WEC News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 30 Jun 2024 10:22:08 GMT -
