DJ Southern Co. Stock Underperforms Friday When Compared To Competitors
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Shares of Southern Co. $(SO)$ slid 1.85% to $91.88 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.03% to 5,808.12 and Dow Jones Industrial Average falling 0.61% to 42,114.40.
This was the stock's second consecutive day of losses.
Southern Co. closed $2.57 short of its 52-week high ($94.45), which the company achieved on October 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as NextEra Energy Inc. $(NEE)$ fell 1.67% to $81.43, Dominion Energy Inc. $(D)$ fell 1.96% to $59.58, and American Electric Power Co. Inc. $(AEP)$ fell 1.21% to $98.19.
Trading volume (2.5 M) remained 1.7 million below its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2024.
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(END) Dow Jones Newswires
October 25, 2024 16:43 ET (20:43 GMT)
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