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Why did REN - Redes Energéticas Nacionais, SGPS stock move?

Written after the close on

REN - Redes Energéticas Nacionais, SGPS −0.14% · PSI −0.86%

REN edges lower with the wider market. Over the last five trading days REN was roughly unchanged while the Portuguese market fell clearly, so the utility held up better than the index around it, and the latest session's small decline came alongside that same market weakness. Watch the mid-November earnings report for the next real company update.

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