Southern Co. Stock Outperforms Market On Strong Trading Day
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Shares of Southern Co. (SO) rose 3.39% to $68.59 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,970.99 and the Dow Jones Industrial Average rising 0.41% to 32,237.53. The stock's rise snapped a three-day losing streak. Southern Co. closed $11.98 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 Friday, as NextEra Energy Inc. (NEE) rose 2.55% to $75.69, Dominion Energy Inc. (D) rose 3.08% to $53.83, and American Electric Power Co. Inc. (AEP) rose 4.31% to $89.09. Trading volume (4.9 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2023.
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March 24, 2023 17:23 ET (21:23 GMT)
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