Principal Financial Group Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Principal Financial Group Inc. (PFG) inched 0.50% higher to $90.24 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 33,597.92 and the S&P 500 Index falling 0.19% to 3,933.92. The stock's rise snapped a two-day losing streak. Principal Financial Group Inc. closed $5.93 short of its 52-week high ($96.17), which the company reached on November 11th.
The stock outperformed some of its competitors Wednesday, as Chubb Ltd. (CB) fell 0.01% to $217.60. Trading volume (1.4 M) remained 411,960 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 7, 2022.
(END) Dow Jones Newswires
December 07, 2022 17:28 ET (22:28 GMT)
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