This stock with Birmingham ties has the biggest drop

This stock with Birmingham ties has the biggest drop

Only five stocks on our Birmingham and Alabama Stock Report closed out the week Friday with a gain.

Southern States Bancshares led the way with a 3.6% increase. Headquartered in Anniston, it is a bank holding company that operates primarily through its wholly owned subsidiary, Southern States Bank. The bank is a full-service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals. The bank operates eight branches in Alabama (Anniston, Auburn, Birmingham, Huntsville, Opelika, Roanoke, Sylacauga and Wedowee) and five in Georgia, along with a loan production office in Atlanta.

Nucor, the largest steel producer in the United States, led the decliners with a 6.1% drop. The Charlotte-based company has several operations sites in Alabama, including Birmingham and Hoover.

Overall, Wall Street capped a choppy week of trading with a broad slide for stocks Friday, giving the S&P 500 its second losing week in a row.

The benchmark index fell 1.2%, its first loss in three days. The Dow Jones Industrial Average dropped 0.8% and the Nasdaq composite gave back 1.6%.

Are we missing a publicly traded local or state company that should be on this list? Please pass along your suggestions to Lede producer Brent Conklin at [email protected].