Southern Co. Stock Outperforms Market On Strong Trading Day
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Shares of Southern Co. (SO) rallied 1.89% to $65.15 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.15% to 3,855.76 and Dow Jones Industrial Average falling 0.28% to 31,819.14. The stock's rise snapped a two-day losing streak. Southern Co. closed $15.42 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 Monday, as NextEra Energy Inc. (NEE) rose 0.38% to $73.29, Dominion Energy Inc. (D) rose 1.86% to $54.20, and American Electric Power Co. Inc. (AEP) rose 2.11% to $89.38. Trading volume (5.2 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.
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March 13, 2023 17:25 ET (21:25 GMT)
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