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Shares of Principal Financial Group Inc. (PFG) advanced 7.54% to $88.01 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. This was the stock's sixth consecutive day of gains. Principal Financial Group Inc. hit a new 52-week high, surpassing its previous peak of $82.65, which the company achieved on October 27th.
The stock outperformed some of its competitors Friday, as AFLAC Inc. (AFL) rose 3.33% to $64.79, Assurant Inc. (AIZ) rose 1.89% to $134.69, and Aegon N.V. ADR (AGN.AE) rose 0.22% to $4.60. Trading volume (3.6 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.
(END) Dow Jones Newswires
October 28, 2022 17:16 ET (21:16 GMT)
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