Southern Co. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Southern Co. (SO) shed 0.47% to $65.24 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.16% to 3,991.05 and Dow Jones Industrial Average falling 0.26% to 33,045.09. This was the stock's second consecutive day of losses. Southern Co. closed $15.33 short of its 52-week high ($80.57), which the company achieved on August 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NextEra Energy Inc. (NEE) rose 0.03% to $73.68, Dominion Energy Inc. (D) fell 0.67% to $57.71, and American Electric Power Co. Inc. (AEP) fell 0.03% to $90.82. Trading volume (3.5 M) remained 618,273 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 22, 2023.
(END) Dow Jones Newswires
February 22, 2023 17:24 ET (22:24 GMT)
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