DJ American Electric Power Co. Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of American Electric Power Co. Inc. $(AEP)$ rallied 1.39% to $90.95 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.51% to 5,214.08 and the Dow Jones Industrial Average rising 0.85% to 39,387.76.
This was the stock's seventh consecutive day of gains.
American Electric Power Co. Inc. closed $1.15 short of its 52-week high ($92.10), which the company achieved on May 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NextEra Energy Inc. $(NEE)$ rose 2.37% to $74.58, Duke Energy Corp. $(DUK)$ rose 0.63% to $103.02, and Southern Co. $(SO)$ rose 0.80% to $78.25.
Trading volume (2.5 M) remained 1.2 million below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2024.
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(END) Dow Jones Newswires
May 09, 2024 16:53 ET (20:53 GMT)
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