NextEra Energy (NYSE:NEE) lags utilities as tax-credit deadline nears
NextEra Energy (NEE) closed up 0.98% at $88.56 on Friday with volume 144% of its 65-day average, but underperformed the Utilities Select Sector SPDR Fund (XLU) despite being its largest holding, as investors weighed deal and project risks ahead of a July 4 clean-energy tax-credit deadline that could impact project economics.