Principal Financial Group Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Principal Financial Group Inc. (PFG) rose 1.65% to $78.84 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.37% to 3,752.75 and the Dow Jones Industrial Average rising 2.47% to 31,082.56. The stock's rise snapped a two-day losing streak. Principal Financial Group Inc. closed $1.52 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 Friday, as AFLAC Inc. (AFL) rose 3.08% to $60.97, Assurant Inc. (AIZ) rose 1.11% to $146.91, and Aegon N.V. ADR (AGN.AE) rose 1.47% to $4.15. Trading volume (6.3 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2022.
(END) Dow Jones Newswires
October 21, 2022 17:16 ET (21:16 GMT)
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