Why PPL (PPL) Dipped More Than Broader Market Today

PPL (PPL) closed the most recent trading day at $35.13, moving -1.04% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.51% for the day. On the other hand, the Dow registered a gain of 0.53%, and the technology-centric Nasdaq decreased by 1.51%. The energy and utility holding company's shares have seen an increase of 1.75% over the last month, not keeping up with the Utilities sector's gain of 3.78% and outstripping the S&P 500's gain of 0.93%.Investors wil ...