Principal Financial Group Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Principal Financial Group Inc. (PFG) shed 1.32% to $85.08 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,822.39 and Dow Jones Industrial Average falling 1.05% to 33,027.49. The stock's fall snapped a two-day winning streak. Principal Financial Group Inc. closed $11.09 below 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 0.63% to $217.39. Trading volume (1.1 M) remained 791,486 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2022.
(END) Dow Jones Newswires
December 22, 2022 17:18 ET (22:18 GMT)
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