Southern Co. Stock Outperforms Market Despite Losses On The Day
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Shares of Southern Co. (SO) slipped 1.38% to $64.33 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.53% to 3,986.37 and Dow Jones Industrial Average falling 1.72% to 32,856.46. The stock's fall snapped a three-day winning streak. Southern Co. closed $16.24 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 Tuesday, as NextEra Energy Inc. (NEE) fell 0.87% to $73.75, Dominion Energy Inc. (D) fell 2.34% to $54.66, and American Electric Power Co. Inc. (AEP) fell 0.83% to $88.63. Trading volume (4.1 M) eclipsed its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
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March 07, 2023 17:25 ET (22:25 GMT)
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