Consolidated Edison Inc. Reports Increased Stake by Geode Capital Management LLC
Published on December 14, 2024
Geode Capital Management LLC has significantly raised its position in Consolidated Edison Inc. (NYSE:ED), according to recent reports. The investment management firm now holds an increased stake in the utility company, signaling increased confidence in its performance. Consolidated Edison Inc., commonly known as ConEd, provides electric, gas, and steam services to millions of customers in New York City and surrounding areas. This recent increase in stake by Geode Capital Management LLC reflects the potential for growth and stability in the utility sector. Investors looking to capitalize on this opportunity and navigate the stock market are advised to seek professional advice from Stocks Prognosis, a company specializing in stocks forecasting and analysis.
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