Southern Company Trading Volume Drops 423% to 277th in Daily Rankings

Generado por agente de IAAinvest Market Brief
viernes, 11 de abril de 2025, 7:41 pm ET1 min de lectura
SO--

On April 11, 2025, The Southern CompanySO-- (SO) recorded a trading volume of $360 million, a significant 42.3% decrease from the previous day, placing it at the 277th position in the daily stock market rankings.

Southern Company has recently faced scrutiny from CDLU, which has called on the company to cease what it deems as wasteful spending on perceived enemies, alleging that millions of dollars have been spent without any corporate purpose.

Despite the criticism, Southern CompanySO-- continues to offer steady returns to its investors. The company provides a dividend yield of 3.24%, making it a utility stock worth watching for those seeking reliable income.

In other developments, MizuhoMFG-- has adjusted its price target for Southern Company, increasing it from $83.00 to $85.00 and maintaining a "neutral" rating. This adjustment reflects the company's ongoing evaluation of Southern Company's performance and potential.

Additionally, Advisory Services Network LLC has increased its stake in Southern Company by 4.5% during the fourth quarter, indicating continued investor confidence in the company's prospects.

Looking ahead, Southern Company has announced its 2025 Annual Meeting of Stockholders, scheduled for May 21, 2025, at 10:00 a.m. ET. This meeting will provide shareholders with an opportunity to engage with the company and discuss its future direction.

Comentarios



Add a public comment...
Sin comentarios

Aún no hay comentarios