Stock Market

Southern Co. stock falls Thursday, underperforms market


Published: Jan. 18, 2024 at 4:45 p.m. ET

Shares of Southern Co. SO slid 1.24% to $68.77 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.88% to 4,780.94 and the Dow Jones Industrial Average DJIA rising 0.54% to 37,468.61.

This was the stock’s third consecutive day of losses.

Southern Co. closed $7.03…

Shares of Southern Co.

SO

slid 1.24% to $68.77 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index

SPX

rising 0.88% to 4,780.94 and the Dow Jones Industrial Average

DJIA

rising 0.54% to 37,468.61.

This was the stock’s third consecutive day of losses.

Southern Co. closed $7.03 below its 52-week high ($75.80), which the company reached on May 11th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NextEra Energy Inc.

NEE

fell 1.06% to $57.65, Dominion Energy Inc.

D

fell 1.49% to $45.48, and American Electric Power Co. Inc.

AEP

fell 1.92% to $78.20.

Trading volume (3.8 M) remained 530,756 below its 50-day average volume of 4.3 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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