Southern Co. Stock Falls Monday, Underperforms Market
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Shares of Southern Co. (SO) slipped 0.29% to $64.37 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.31% to 3,982.24 and the Dow Jones Industrial Average rising 0.22% to 32,889.09. This was the stock's fifth consecutive day of losses. Southern Co. closed $16.20 short of its 52-week high ($80.57), which the company reached on August 19th.
Despite its losses, the stock outperformed some of its competitors Monday, as NextEra Energy Inc. (NEE) fell 0.82% to $71.86, Dominion Energy Inc. (D) fell 1.18% to $56.33, and American Electric Power Co. Inc. (AEP) fell 0.40% to $90.07.true Trading volume (4.8 M) eclipsed its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2023.
(END) Dow Jones Newswires
February 27, 2023 17:24 ET (22:24 GMT)
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