Southern Co. Stock Outperforms Market Despite Losses On The Day
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Shares of Southern Co. (SO) slumped 0.32% to $67.90 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. The stock's fall snapped a four-day winning streak. Southern Co. closed $12.67 short of its 52-week high ($80.57), which the company achieved on August 19th.
Despite its losses, the stock outperformed some of its competitors Friday, as NextEra Energy Inc. (NEE) fell 0.73% to $75.67, Dominion Energy Inc. (D) fell 0.86% to $55.40, and American Electric Power Co. Inc. (AEP) fell 1.42% to $90.70.true Trading volume (10.6 M) eclipsed its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 17:23 ET (21:23 GMT)
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