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Why Portland General Electric Company Shares Are Rising Today

Published 27/06/2022, 14:19
Updated 27/06/2022, 15:11
© Reuters.  Why Portland General Electric Company Shares Are Rising Today

Portland General Electric Company (NYSE:GE) (NYSE: POR) shares are trading higher by 6.32% to $49.97 after the stock was selected to join the S&P Midcap 400.

Portland General Electric Company will replace Digital Turbine Inc (NASDAQ: APPS) in the S&P MidCap 400. Portland General Electric Company's move to the S&P MidCap 400 will be effective prior to the opening of trading on Wednesday, June 29.

See Also: Why Axsome Therapeutics Stock Is Soaring Today

Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services to Oregon residents.

According to data from Benzinga Pro, Portland General Electric Company has a 52-week high of $57.03 and a 52-week low of $45.02.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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