DJ American Electric Power Co. Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of American Electric Power Co. Inc. $(AEP)$ slumped 0.98% to $82.10 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.46% to 5,123.41 and Dow Jones Industrial Average falling 1.24% to 37,983.24.
This was the stock's third consecutive day of losses.
American Electric Power Co. Inc. closed $12.63 short of its 52-week high ($94.73), which the company reached on April 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as NextEra Energy Inc. $(NEE)$ fell 1.35% to $63.08, Duke Energy Corp. $(DUK)$ fell 0.41% to $94.90, and Southern Co. $(SO)$ fell 1.22% to $68.73.
Trading volume (2.4 M) remained 1.5 million below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 12, 2024.
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(END) Dow Jones Newswires
April 12, 2024 16:56 ET (20:56 GMT)
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