Southern Co. Stock Outperforms Market On Strong Trading Day
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Shares of Southern Co. (SO) inched 0.96% higher to $68.55 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. Southern Co. closed $12.02 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 Monday, as NextEra Energy Inc. (NEE) rose 0.40% to $75.97, Dominion Energy Inc. (D) rose 0.40% to $55.62, and American Electric Power Co. Inc. (AEP) rose 1.17% to $91.76. Trading volume (5.8 M) eclipsed its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 17:23 ET (21:23 GMT)
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