Shares of Southern Co. SO, 0.29% dropped 0.24% to $75.36 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, -0.82% rising 1.12% to 4,446.59 and the Dow Jones Industrial Average DJIA, 0.00% rising 1.01% to 34,564.59. Southern Co. closed $1.51 short of its 52-week high ($76.87), which the company achieved on April 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NextEra Energy Inc. NEE, -0.18% fell 0.41% to $83.55, Dominion Energy Inc. D, 0.96% fell 0.23% to $87.19, and Duke Energy Corp. DUK, -0.11% fell 0.27% to $115.11. Trading volume (4.7 M) remained 1.5 million below its 50-day average volume of 6.2 M.