Principal Financial Group Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Principal Financial Group Inc. (PFG) advanced 1.32% to $85.51 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.75% to 3,849.28 and the Dow Jones Industrial Average rising 1.05% to 33,220.80. The stock's rise snapped a two-day losing streak. Principal Financial Group Inc. closed $10.66 short of its 52-week high ($96.17), which the company reached on November 11th.
The stock outperformed some of its competitors Thursday, as Chubb Ltd. (CB) rose 1.03% to $222.08. Trading volume (752,467) remained 1.0 million below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2022.
(END) Dow Jones Newswires
December 29, 2022 17:17 ET (22:17 GMT)
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