American Electric Power stock slips 1.2 percent ahead of the open
Published on 09/24/2026 at 04:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
American Electric Power stock closed at USD 120.00 on Nasdaq on September 23, 2026, down 1.2 percent from the prior session. The S&P 500 closed at 7,706.03, down 0.8 percent on the same session, putting the stock's decline 0.4 percentage points below the benchmark.
September 23, 2026 in numbers
American Electric Power Company, Inc. (ISIN US0255371017, Nasdaq: AEP) opened at USD 120.27 on September 23, 2026, according to MarketBeat. Its one-year range was USD 106.78 to USD 140.58, leaving the close USD 13.22 above the low and USD 20.58 below the high. MarketBeat also reported that Morgan Stanley lowered its price objective to USD 128 and retained an overweight rating on September 18, 2026, while BMO Capital Markets reiterated a market perform rating on September 21, 2026.
Wall Street's broader decline followed renewed bond-market pressure and inflation concerns after stronger economic data, as AP News reported. The S&P 500's 0.8 percent fall was 0.4 percentage points smaller than American Electric Power's 1.2 percent decline.
Today ahead of the open
The September 23, 2026 US market backdrop remains relevant for American Electric Power because higher bond-market pressure can affect rate-sensitive utility shares. MarketBeat also reported that institutional investor Andra AP fonden increased its American Electric Power holdings by 37.3 percent in the second quarter, based on a September 23, 2026 filing report.
