Principal Financial Group Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Principal Financial Group Inc. (PFG) inched 0.77% higher to $91.71 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. This was the stock's third consecutive day of gains. Principal Financial Group Inc. closed $4.46 short of its 52-week high ($96.17), which the company reached on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as AFLAC Inc. (AFL) rose 0.87% to $71.99, Assurant Inc. (AIZ) rose 0.54% to $127.18, and Aegon N.V. ADR (AGN.AE) rose 1.46% to $4.86. Trading volume (999,949) remained 873,041 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 17:16 ET (22:16 GMT)
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