Southern (SO) Signs Google Nuclear Deal As Valuation Upside Faces A Fresh Test

Southern (SO) is back in focus after signing a new nuclear power agreement with Google, linking future capacity upgrades at Georgia reactors to zero emission credits for the tech giant. Southern’s share price has pulled back in recent months, with a 30-day share price return down 7.66% and a 90-day move down 14.70%, while the 3-year total shareholder return of 42% and 5-year total shareholder return of 61.13% point to a stronger longer-run record. Recent selling pressure suggests that...