Principal Financial Group Inc. Stock Outperforms Competitors On Strong Trading Day

Lattice Semiconductor Corp

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Information Technology : Semiconductors & Semiconductor Equipment | Mid Cap Growth

Company profile

Lattice Semiconductor Corporation is a low-power programmable solution provider that develops technologies and monetizes through differentiated programmable logic semiconductor products, system solutions, design services and licenses. The Company is focused on solving customer problems across the network, from the Edge to the Cloud, in the communications, computing, industrial, automotive and consumer markets. It is focused on delivering programmable logic products and related solutions based on low power, small size and ease of use. It also serves its customers with intellectual property (IP) licensing. The Company’s product development activities include new products, advanced packaging, existing product enhancements, software development tools, soft IP, and system solutions for high-growth applications, such as Edge Artificial Intelligence (AI), fifth generation (5G) infrastructure, platform security and factory automation. It offers field-programmable gate array (FPGA) devices.

Principal Financial Group Inc. Stock Outperforms Competitors On Strong Trading Day

5:16 pm ET October 18, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Principal Financial Group Inc. (PFG) rose 2.12% to $79.88 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.14% to 3,719.98 and the Dow Jones Industrial Average rising 1.12% to 30,523.80. This was the stock's second consecutive day of gains. Principal Financial Group Inc. closed $0.48 short of its 52-week high ($80.36), which the company achieved on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as AFLAC Inc. (AFL) rose 0.94% to $60.19, Assurant Inc. (AIZ) rose 1.92% to $154.43, and Aegon N.V. ADR (AGN.AE) rose 2.46% to $4.17. Trading volume (1.6 M) remained 204,554 below its 50-day average volume of 1.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 18, 2022.

(END) Dow Jones Newswires

October 18, 2022 17:16 ET (21:16 GMT)