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Why Consolidated Edison Stock Jumped 11% in November

Why Consolidated Edison Stock Jumped 11% in November

Shares of Consolidated Edison (NYSE: ED) rose 11.4% in November, according to data provided by S&P Global Market Intelligence. Consolidated Edison reported excellent Q3 figures last month. Consolidated Edison now expects adjusted earnings in the range of $4.50 to $4.60 per share, up from its prior view of $4.40 to $4.60 per share.