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
€108.74
0.170%
The stock is an absolute favorite of our community with 38 Buy predictions and no Sell predictions.
With a target price of 119 € there is a slightly positive potential of 9.44% for American Electric Power Inc. compared to the current price of 108.74 €.


