The Rosemead, California-based Edison International (EIX) is an electric utility holding company that generates and provides clean and reliable energy and energy services. Valued at a market cap of $32.4 billion, the company also provides integrated decarbonization and energy solutions to commercial, industrial, and institutional customers.
Shares of this electric utility company have underperformed the broader market over the past 52 weeks. EIX has gained 28.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 30.4%. Moreover, shares of EIX are up nearly 17.1%, lower than SPX’s 23.1% gain on a YTD basis.
