Why Alphabet Stock Popped on Monday
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock, the parent company to Google, skipped 2.6% higher through noon ET Monday after announcing it has signed a "special, joint contract" with Indiana Michigan Power (I), a subsidiary of electric utility company American Electric Power (NASDAQ: AEP).
AEP stock is up 1.2%.
Image source: Getty Images.
Source Fool.com
American Electric Power Inc. Stock
€97.00
0.210%
Our community is currently high on American Electric Power Inc. with 18 Buy predictions and 4 Sell predictions.
With a target price of 99 € there is a slightly positive potential of 2.06% for American Electric Power Inc. compared to the current price of 97.0 €.
