Southern Co. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Southern Co. (SO) slumped 0.77% to $64.74 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.53% to 4,012.32 and the Dow Jones Industrial Average rising 0.33% to 33,153.91. This was the stock's third consecutive day of losses. Southern Co. closed $15.83 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 Thursday, as NextEra Energy Inc. (NEE) fell 1.10% to $72.87, Dominion Energy Inc. (D) fell 0.73% to $57.29, and American Electric Power Co. Inc. (AEP) fell 0.12% to $90.71. Trading volume (7.9 M) eclipsed its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 23, 2023.
(END) Dow Jones Newswires
February 23, 2023 17:24 ET (22:24 GMT)
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