Visit the full analysis for the latest explanation of WEC Energy Group Inc.'s stock movement.
WEC Energy Group is a regulated utility holding company serving customers in Wisconsin, Illinois, Michigan, and Minnesota, providing electricity and natural gas. As a rate-regulated utility, its stock tends to behave like a bond proxy, making it sensitive to interest rate expectations and risk-on/risk-off rotations. Today's sector-wide selloff in utilities reflects that defensive positioning, with investors favoring growth stocks over stable dividend payers.