Southern Co. Stock Falls Friday, Still Outperforms Market
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Shares of Southern Co. (SO) shed 0.28% to $64.56 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.05% to 3,970.04 and Dow Jones Industrial Average falling 1.02% to 32,816.92. This was the stock's fourth consecutive day of losses. Southern Co. closed $16.01 short of its 52-week high ($80.57), which the company reached on August 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as NextEra Energy Inc. (NEE) rose 0.07% to $72.92, Dominion Energy Inc. (D) fell 0.51% to $57.00, and American Electric Power Co. Inc. (AEP) fell 0.31% to $90.43. Trading volume (5.5 M) eclipsed its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2023.
(END) Dow Jones Newswires
February 24, 2023 17:24 ET (22:24 GMT)
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