Principal Financial Group Inc. Stock Falls Wednesday, Still Outperforms Market
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Shares of Principal Financial Group Inc. (PFG) shed 1.73% to $86.79 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.50% to 3,759.69 and Dow Jones Industrial Average falling 1.55% to 32,147.76. The stock's fall snapped an eight-day winning streak. Principal Financial Group Inc. closed $2.39 below its 52-week high ($89.18), which the company reached on November 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as AFLAC Inc. (AFL) fell 0.18% to $66.69, Assurant Inc. (AIZ) fell 2.73% to $131.02, and Aegon N.V. ADR (AGN.AE) fell 1.74% to $4.51. Trading volume (2.1 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 17:16 ET (21:16 GMT)
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