EdgeWater 11/30/2010 12:12:30 AM
News / Business

Utility Stocks Ended Lower (Dynegy Inc., RRI Energy, MIR)

Utility Stocks Ended Lower

Dynegy Inc. (NYSE:DYN) dropped 1.56% to $5.05. The 52-week range of the stock is $2.76-$10.35. The stock went down more than 44% year-to-date.

Dynegy Inc. is a holding company and conducts the business operations through its subsidiaries. The primary business of Dynegy is the production and sale of electric energy, capacity and ancillary services from the fleet of 18 operating power plants in six states totaling approximately 12,300 megawatt (MW) of generating capacity.

RRI Energy, Inc. (NYSE:RRI) slid 0.84% to $3.55. RRI Energy, Inc., formerly Reliant Energy, Inc., provides energy, capacity, ancillary and other energy services to wholesale customers in competitive energy markets in the United States through its ownership and operation of and contracting for power generation capacity.

The stock opened at $3.54 and traded within the range of $3.52-$3.58. At today`s closing market price, the market capitalization of the company stands at $1.25 billion.

Mirant Corporation (NYSE:MIR) ended at $9.98, 0.60% lower. The 52-week range of the stock is $9.36-$17.02            .

The stock opened at $10 and traded within the range of $9.91-$10.09.

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