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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.

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Source Fool.com

American Electric Power Inc. Stock

€99.20
1.850%
There is an upward development for American Electric Power Inc. compared to yesterday, with an increase of €1.80 (1.850%).
With 24 Buy predictions and 2 Sell predictions American Electric Power Inc. is one of the favorites of our community.
As a result the target price of 102 € shows a slightly positive potential of 2.82% compared to the current price of 99.2 € for American Electric Power Inc..
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