WEC Energy Group Surges to 353rd in Trading Volume Ranking Despite Stock Price Decline

Generated by AI AgentAinvest Volume Radar
Wednesday, Jun 25, 2025 7:32 pm ET1min read
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On June 25, 2025, WEC Energy GroupWEC-- (WEC) saw a trading volume of 2.78 billion, marking an 82.38% increase from the previous day. This surge placed WEC at the 353rd position in the daily stock market rankings. However, the stock price of WEC experienced a decline of 2.36%, marking the second consecutive day of decrease, with a total drop of 2.49% over the past two days.

WEC Energy Group has announced that it will extend the operational lifespan of units 7 and 8 at the Oak Creek Power Plant until the end of 2026. This decision comes as a response to the energy shortages in the Midwest region, ensuring that the plant maintains its 610MW capacity while the company continues to progress towards cleaner energy solutions.

This extension is part of a broader strategy by WEC Energy Group to address the immediate energy needs of the region while gradually transitioning to more sustainable energy sources. The decision to postpone the retirement of these units reflects the company's commitment to balancing current energy demands with long-term environmental goals.

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