Principal Financial Group Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

Old Dominion Freight Line Inc

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Industrials : Ground Transportation | Mid Cap Growth

Company profile

Old Dominion Freight Line, Inc. is a North American less-than-truckload (LTL) motor carriers. The Company provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings include expedited transportation, which is provided through a network of service centers located throughout the continental United States. It offers a range of value-added services including container drayage, truckload brokerage, and supply chain consulting. It operates approximately 255 service center locations, of which the Company owns 231 and leases 24. Its service centers are responsible for the pickup and delivery of freight within their local service area. Its system offers its customers access to information such as freight tracking, shipping documents, rate quotes, rate databases, and account activity. These centralized systems and its customer service department provide its customers with a single point of contact to access information.

Principal Financial Group Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

5:18 pm ET December 21, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Principal Financial Group Inc. (PFG) rose 1.61% to $86.22 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.49% to 3,878.44 and the Dow Jones Industrial Average rising 1.60% to 33,376.48. This was the stock's second consecutive day of gains. Principal Financial Group Inc. closed $9.95 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 Wednesday, as Chubb Ltd. (CB) rose 1.89% to $218.76. Trading volume (1.0 M) remained 826,279 below its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 21, 2022.

(END) Dow Jones Newswires

December 21, 2022 17:18 ET (22:18 GMT)