Southern Co. Stock Falls Wednesday, Underperforms Market
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Shares of Southern Co. (SO) slipped 1.17% to $62.32 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.02% to 32,661.84 and the S&P 500 Index falling 0.47% to 3,951.39. This was the stock's seventh consecutive day of losses. Southern Co. closed $18.25 short of its 52-week high ($80.57), which the company achieved on August 19th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as NextEra Energy Inc. (NEE) fell 1.63% to $69.87, Dominion Energy Inc. (D) fell 1.58% to $54.74, and American Electric Power Co. Inc. (AEP) fell 1.83% to $86.36.true Trading volume (5.6 M) eclipsed its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 1, 2023.
(END) Dow Jones Newswires
March 01, 2023 17:24 ET (22:24 GMT)
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