98.08
1.32%
1.28
After Hours:
97.94
-0.14
-0.14%
Overview
News
Price History
Option Chain
Financials
Why AEP Down?
Discussions
Forecast
Dividend History
Why is American Electric Power Company (AEP) Stock down?
02 Oct, 2023:
Shares of American Electric Power (AEP) dropped by 4.49% from $75.22 to $71.84 in the trading on Monday, October 2, 2023. The reason why AEP is down today is due to the appointment of Charles E. Zebula as the new executive vice president and chief financial officer (CFO) of AEP, replacing Ann P. Kelly, who is leaving the company. Investors may be reacting to this leadership change and potential uncertainties associated with it. However, AEP reaffirmed its 2023 operating earnings guidance range and long-term growth rate, indicating confidence in its financial outlook despite the CFO transition.
Open in Yahoo
|
Open in Google
|
Open in Finviz
|
Open in MarketWatch
|
Open in EDGAR
|
Open in Reuters
Cap:
|
Volume (24h):