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AGL stock surges amid historic losses on Wall Street

11:17 am Aug. 24, 2015

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