Public Service Enterprise Group Inc. (PEG:NYQ) shares steady in week ending June 24

Shares in Public Service Enterprise Group Inc. (PEG:NYQ) were steady on Wall Street in the week ending June 24.

The lowest share price reached in the week was $61.77 compared to a high of $62.42.

Public Service Enterprise Group Inc. in Newark employs 12,530 people and has reported $2,320,000,000 in income as of June 23.

Despite a tumultuous year with the COVID-19 pandemic, the US stock market overall remained strong in 2021.

Tony Despirito at investment firm BlackRock said the U.S. stock market overall remained strong, despite the tumultuous years during the COVID-19 pandemic. “Overall, companies... beat analyst expectations on both earnings per share and revenue growth. But the latter [was] particularly strong.”

Unfortunately, 2022 proved to be a devastating year for the U.S. stock market. “This [was] an absolutely shocking year with no place to hide,” Aoifinn Devitt, Moneta's chief investment officer, said.

Rate hikes to mitigate the effects of inflation, as well as global issues related to war and the pandemic, were blamed for the downturn in the U.S. stock market and economy.

Nothing in this article is to be assumed as financial advice.

Shares are considered steady when they change within 3% both up and down during the time frame.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Date	Share Asking Price
June 23	$61.77
June 22	$61.95
June 20	$62.42