AGL stock surges amid historic losses on Wall Street

On a day where the Dow suffered an intraday record drop of more than 1,000 points, shares of Atlanta-based AGL Resources are up more than 25 percent.

AGL Resources (NYSE:GAS) was acquired Monday by Southern Company (NYSE:SO) to form the second largest U.S. utility.

Southern was down about 3 percent at 11:15 a.m.

U.S. stocks joined a global rout Monday with the Dow Jones industrial average trading as much as 1,089 points after the opening bell. The market rallied somewhat before noon with the Dow trading about 200 to 300 points lower than open.

Before today, the largest intraday point drop in Dow history occurred Oct. 10, 2008, when the index lost 1,018 points.

GEORGIA STOCKS

About the Author

Georgia had third-highest SNAP payment error rate in country in 2024

The state’s error rate during fiscal 2024 was exceeded by only Alaska and the District of Columbia

Gwinnett drops charges against Spanish-language reporter in ICE custody

Misdemeanor charges against journalist Mario Guevara have now been dropped in both Gwinnett and DeKalb counties.

DISPATCH

In Georgia’s melon mecca, watermelon wizards’ ears are sweetly attuned

In the heart of Georgia's watermelon country, everyone has a trick to tell if a melon is ripe. One way is the sound a melon makes when it is thumped. Or better, patted.

The Latest

Credit: Olivia Bowdoin

Rhone: Beyoncé’s ‘Cowboy Carter’ tour pushes fans outside the norm

2h ago

Georgia had third-highest SNAP payment error rate in country in 2024

AJC Peachtree Road Race updates: Keep the momentum going

Featured

Credit: HYOSUB SHIN / AJC

Georgia disability rights advocates fear weakening of U.S. accessibility law

Advocates worry the Department of Energy’s move could be the start of a broader effort by other federal agencies to roll back civil rights rules.

From boycott to ballgame: Baseball’s political All-Star Game saga returns to Georgia

MLB pulled the 2021 All-Star Game from Georgia over the state's voting law, Senate Bill 202. Now it’s back — and Republicans say the return proves they were right all along.

OPINION

Beyoncé’s ‘Cowboy Carter’ tour pushes fans outside the norm

Preparations for the show pushed people out of their comfort zones — into new stores, new communities, a new style of dress, and in some cases, to visit new cities.