Why American Electric Power Stock Just Popped

American Electric Power (NASDAQ: AEP) stock gained 5.5% through 1:15 p.m. ET Wednesday despite missing on earnings this morning.

Heading into the utility company's third-quarter report, analysts forecast AEP would earn $1.81 per share on $5.6 billion in revenue. AEP apparently missed by a penny, though, reporting only $1.80 per share and sales of only $5.4 billion.

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Source Fool.com