Southern Co. Stock Outperforms Market On Strong Trading Day
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Shares of Southern Co. (SO) rose 1.79% to $64.81 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.61% to 4,045.64 and the Dow Jones Industrial Average rising 1.17% to 33,390.97. This was the stock's second consecutive day of gains. Southern Co. closed $15.76 below 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 Friday, as NextEra Energy Inc. (NEE) rose 2.24% to $73.83, Dominion Energy Inc. (D) rose 1.73% to $55.94, and American Electric Power Co. Inc. (AEP) rose 1.25% to $89.09. Trading volume (5.0 M) eclipsed its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2023.
(END) Dow Jones Newswires
March 03, 2023 17:25 ET (22:25 GMT)
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