Principal Financial Group Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Principal Financial Group Inc. (PFG) shed 1.37% to $84.92 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.11% to 3,852.36 and Dow Jones Industrial Average falling 0.85% to 32,920.46. This was the stock's fourth consecutive day of losses. Principal Financial Group Inc. closed $11.25 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 Friday, as Chubb Ltd. (CB) fell 0.51% to $211.68. Trading volume (5.6 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2022.
(END) Dow Jones Newswires
December 16, 2022 17:18 ET (22:18 GMT)
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