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Shares of Principal Financial Group Inc. (PFG) slipped 2.45% to $89.92 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.79% to 3,998.84 and Dow Jones Industrial Average falling 1.40% to 33,947.10. The stock's fall snapped a two-day winning streak. Principal Financial Group Inc. closed $6.25 short of its 52-week high ($96.17), which the company reached on November 11th.
The stock underperformed when compared to some of its competitors Monday, as Chubb Ltd. (CB) fell 1.70% to $215.43. Trading volume (1.6 M) remained 220,366 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 5, 2022.
(END) Dow Jones Newswires
December 05, 2022 17:28 ET (22:28 GMT)
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