Con Edison, other utility stocks take a hit after customers lose power in heat wave
Source: coned.com
The stocks of Consolidated Edison, Public Service Enterprise Group and DTE Energy, all hit by power outages, fell at the open Monday and were off lows in afternoon trading as more power was restored.
About 13,300 Con Ed customers were still without power as of Monday afternoon, after more than 52,000 lost electricity Sunday. Southeast Brooklyn was the worst hit area, with the…
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