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. $(AEP)$ sank 0.50% to $97.59 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
The stock's fall snapped a seven-day winning streak.
American Electric Power Co. Inc. closed $7.59 short of its 52-week high ($105.18), which the company achieved on September 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as NextEra Energy Inc. $(NEE)$ fell 1.10% to $76.00, Duke Energy Corp. $(DUK)$ fell 0.14% to $114.70, and Southern Co. $(SO)$ fell 0.61% to $87.60.
Trading volume (2.0 M) remained 851,439 below its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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(END) Dow Jones Newswires
November 22, 2024 16:52 ET (21:52 GMT)
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