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Southern Company Stock Remains Weak amid Vogtle Worries

Vincent Kruger
Southern Company Stock Remains Weak amid Vogtle Worries

Southern Company (SO) stock has continued to show weakness recently amid increasing uncertainty regarding the fate of Plant Vogtle. Three of the Vogtle’s four owners gave the go-ahead for the project while Oglethorpe Power, which owns roughly 30% of the project, submitted a conditional vote on September 24. Oglethorpe wants to put a cap on the project budget.