Southern Co. Stock Rises Thursday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Southern Co. (SO) inched 0.69% higher to $68.12 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. This was the stock's fourth consecutive day of gains. Southern Co. closed $12.45 short of its 52-week high ($80.57), which the company reached on August 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NextEra Energy Inc. (NEE) rose 0.94% to $76.23, Dominion Energy Inc. (D) fell 0.05% to $55.88, and American Electric Power Co. Inc. (AEP) fell 0.63% to $92.01. Trading volume (6.7 M) eclipsed its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 16, 2023 17:24 ET (21:24 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.