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Exelon Surges to 160th in Trading Volume with $917 Million Turnover
Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 9:06 pm ET1min read
On May 30, 2025,
(EXC) saw a significant increase in trading volume, with a turnover of $917 million, marking a 295.58% rise from the previous day. This surge placed Exelon at the 160th position in terms of trading volume for the day. The stock price of Exelon rose by 0.27%, marking the second consecutive day of gains, with a total increase of 1.25% over the past two days.ComEd, a subsidiary of Exelon, has received approval for a $168 million investment over three years. This funding will support the purchase of electric vehicles (EVs) and the advancement of charging infrastructure, aligning with the company's commitment to beneficial electrification.
In addition to the investment, ComEd has launched the EV Ambassador Program. This initiative aims to expand EV adoption in Northern Illinois by providing community support and resources for customers considering the switch to electric vehicles.
Exelon has also announced the opening of applications for the Climate Change Investment Initiative (2c2i). This program invests in innovative startups focused on developing clean energy or environmental solutions, furthering the company's environmental stewardship efforts.
Exelon's strong performance in the first quarter of 2025 has been noted by analysts, who have increased their forecasts following the company's better-than-expected earnings. The company's reliability and strategic investments continue to position it as a strong player in the utilities sector.
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