Principal Financial Group Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Principal Financial Group Inc. (PFG) inched 0.56% higher to $85.56 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 3,844.82 and the Dow Jones Industrial Average rising 0.53% to 33,203.93. Principal Financial Group Inc. closed $10.61 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) rose 1.04% to $219.65. Trading volume (688,465) remained 1.2 million below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2022.
(END) Dow Jones Newswires
December 23, 2022 17:17 ET (22:17 GMT)
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