Southern Co. Stock Falls Monday, Underperforms Market
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Shares of Southern Co. (SO) slid 0.51% to $68.24 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 3,977.53 and the Dow Jones Industrial Average rising 0.60% to 32,432.08. Southern Co. closed $12.33 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) fell 0.33% to $75.44, Dominion Energy Inc. (D) rose 0.56% to $54.13, and American Electric Power Co. Inc. (AEP) fell 0.61% to $88.55. Trading volume (4.1 M) remained 408,772 below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2023.
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March 27, 2023 17:23 ET (21:23 GMT)
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