Southern Co. Stock Outperforms Market On Strong Trading Day
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Shares of Southern Co. (SO) inched 0.62% higher to $64.73 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 3,992.01 and the Dow Jones Industrial Average falling 0.18% to 32,798.40. Southern Co. closed $15.84 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 Wednesday, as NextEra Energy Inc. (NEE) rose 0.68% to $74.25, Dominion Energy Inc. (D) rose 0.55% to $54.96, and American Electric Power Co. Inc. (AEP) rose 0.76% to $89.30. Trading volume (3.2 M) remained 681,822 below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 8, 2023.
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March 08, 2023 17:24 ET (22:24 GMT)
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