Principal Financial Group Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Principal Financial Group Inc. (PFG) slid 2.35% to $86.10 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.49% to 3,895.75 and Dow Jones Industrial Average falling 2.25% to 33,202.22. This was the stock's third consecutive day of losses. Principal Financial Group Inc. closed $10.07 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 Thursday, as Chubb Ltd. (CB) fell 1.49% to $212.77. Trading volume (1.5 M) remained 272,169 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 15, 2022.
(END) Dow Jones Newswires
December 15, 2022 17:18 ET (22:18 GMT)
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