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The Southern Company surges to 196th in trading volume with 4.62 billion shares exchanged
Generated by AI AgentAinvest Market Brief
Wednesday, May 7, 2025 7:53 pm ET1min read
On May 7, 2025,
(SO) saw a significant surge in trading volume, with a total of 4.62 billion shares exchanged, marking a 68.76% increase from the previous day. This substantial trading activity placed SO at the 196th position in terms of daily trading volume among all stocks.The Southern Company reported its first-quarter 2025 earnings, with earnings per share (excluding certain one-time items) coming in at $1.23, surpassing analyst expectations. This positive earnings report is likely to have contributed to the increased trading volume and investor interest in the stock.
Georgia Power, a subsidiary of The Southern Company, announced that construction has begun on a 765 MW power plant. This development is part of the company's ongoing efforts to expand its power generation capabilities and meet growing demand. The project is expected to enhance the company's operational capacity and potentially drive future growth.
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