Wisconsin Energy Gains 1.96% with 210M Volume Ranking 468th as Election Controversy Weighs

Wisconsin Energy Corp. (WEC) rose 1.96% on August 19, 2025, with a trading volume of $210 million, a 32.69% decline from the prior day. The stock ranked 468th in volume among listed companies, reflecting mixed market sentiment amid regulatory and political developments.

Controversy over mail-in voting policies dominated discussions around WEC. The Wisconsin Elections Commission (WEC) faced scrutiny after its chair, Ann Jacobs, criticized President Trump’s proposed executive order to restrict mail-in ballots as “authoritarianism.” Jacobs emphasized Wisconsin’s reliance on mail-in voting, which saw 645,000 requests in the 2024 election, and defended the state’s election infrastructure as compliant with federal standards. Political tensions over voting access could influence public perception of WEC’s governance and operational transparency.

A Wisconsin-based advocacy group, the Wisconsin Institute for Law and Liberty, raised concerns about WEC’s voter roll management. It questioned why ineligible voters are marked as “inactive” rather than removed and highlighted potential gaps in verifying citizenship for overseas ballots. These challenges may pressure WEC to address legal and procedural clarity, though the commission has not detailed its processes. Such scrutiny could heighten regulatory risks for the company in the lead-up to the 2026 midterms.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to now delivered moderate returns. The 1-day return was 0.98%, with a total return of 31.52% over 365 days. This indicates the strategy captured some short-term momentum but also reflected market volatility and potential timing risks.