Principal Financial Group Inc. Stock Falls Monday, Underperforms Market
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Shares of Principal Financial Group Inc. (PFG) slipped 3.17% to $89.54 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. The stock's fall snapped a five-day winning streak. Principal Financial Group Inc. closed $6.63 short of its 52-week high ($96.17), which the company achieved on November 11th.
The stock underperformed when compared to some of its competitors Monday, as Chubb Ltd. (CB) fell 0.38% to $215.40. Trading volume (1.4 M) remained 395,588 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 17:27 ET (22:27 GMT)
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