Southern Co. Stock Falls Tuesday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Southern Co. (SO) slipped 2.04% to $63.06 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.30% to 3,970.15 and Dow Jones Industrial Average falling 0.71% to 32,656.70. This was the stock's sixth consecutive day of losses. Southern Co. closed $17.51 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 Tuesday, as NextEra Energy Inc. (NEE) fell 1.16% to $71.03, Dominion Energy Inc. (D) fell 1.26% to $55.62, and American Electric Power Co. Inc. (AEP) fell 2.33% to $87.97. 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 28, 2023.
(END) Dow Jones Newswires
February 28, 2023 17:27 ET (22:27 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.